Former NYLife Securities LLC broker Alan New has been the subject of multiple customer complaints relating to the sale of Woodbridge Mortgage Investment Funds.
Alan New worked for NYLife Securities LLC from 2004 to 2016 out of Fort Wayne, Indiana. According to the recently-filed disputes, New sold his clients unregistered and fraudulent securities in a company called Woodbridge Mortgage Investment Fund. In April, the Securities and Exchange Commission filed a lawsuit against Woodbridge and its owner, alleging that it was nothing more than a $1.22 billion Ponzi scheme.
Did You Invest in Woodbridge at the recommendation of Alan New?
The investment fraud attorneys at Meyer Wilson are currently representing investor victims of the Woodbridge Ponzi scheme. If you invested in Woodbridge at the recommendation of Alan New, Meyer Wilson is interested in speaking with you about your experience. Give our office a call at (800) 738-1960 today to speak with an attorney.