Woodbury Financial Services is a brokerage firm that provides insurance and investment products and services. Founded in 1910, the independent broker-dealer is based in Oakdale, Minnesota. Formerly known as Fortis Investors, Inc., the firm changed its name to Woodbury Financial Services, Inc. in 2001. Woodbury Financial operates as a subsidiary of The Hartford Financial Services Group. As of 2008, Woodbury Financial had over 1,700 active representatives.
Woodbury Financial Services Broker Misconduct
Is your broker registered with Woodbury Financial Services? As a FINRA-licensed brokerage firm, Woodbury and all its registered brokers are held to certain standards in order to protect investors. Unfortunately, brokers and firms can act in their own interests rather than their clients’ best interests. When this happens, investors typically suffer substantial financial losses. If this has happened to you, you can have an investment fraud lawyer at our firm evaluate your claim.
Woodbury Financial Services has been the subject of FINRA actions before. For example, in December 2013, FINRA filed an action claiming that Woodbury Financial Services failed to retain electronic communications between July 2007 and December 2011. In January 2012, FINRA fined Woodbury for failing to establish, maintain, and enforce supervisory systems. In August 2011, FINRA filed the same type of supervisory failure claim against Woodbury.
Recover Investment Losses with Meyer Wilson
Since 1999, Meyer Wilson’s team of investment loss attorneys have been fighting to help investors recover their losses caused by investment misconduct. We have been successful in recovering hundreds of millions of dollars for investors who were wronged by their brokers and investment firms. We handle the following types of claims:
- Investment/securities fraud
- FINRA arbitration
- AAA or private arbitration
- Stockbroker fraud and misconduct
- Litigation in state and federal court
Contact our law firm today to discuss your case. We have the resources and experience necessary to fight for your hard-earned money back. If you lost a substantial amount of money after investing with Woodbury Financial Services Corp. or one of its registered brokers, call Meyer Wilson today.
