DID PAUL LINN WOODARD CAUSE YOU INVESTMENT LOSSES?
About Paul Woodard Of PFS Investments Inc.?
Paul Woodard (CRD #2496392) has a long-standing career in the financial industry. He is currently registered with PFS Investments Inc. in Winston Salem, North Carolina, where he has been since June 24, 1994. Over his career, Woodard has passed one principal/supervisory exam, two general industry/product exams, and one multi-state securities law exam. He is licensed in four U.S. states and territories and is registered with one Self-Regulatory Organization (SRO). His extensive career with PFS Investments Inc. highlights his commitment and stability within the firm.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Paul Woodard Customer Complaints and Reviews
Paul Linn Woodard has one reported customer dispute:
- Customer Dispute (Closed – No Action):
- Date Received: June 29, 2020
- Allegations: The widow of an account holder alleged that Woodard breached his fiduciary duty when he recommended that her husband change the beneficiary of his IRA account from herself to her daughter in March 2019.
- Outcome: The complaint was closed with no action on September 18, 2020. Woodard stated that the complaint resulted from a family dispute and was resolved by the family without his involvement. The alleged damages were $41,000.
Allegations Against Paul Woodard
The specific allegations against Paul Linn Woodard include:
- Breach of Fiduciary Duty: The widow of an account holder claimed that Woodard recommended changing the beneficiary of an IRA account, which led to a family dispute. The complaint was settled within the family, and no action was taken against Woodard.
Paul Woodard Red Flags & Your Rights As An Investor
Of course, Paul Woodard did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Paul Woodard at PFS Investments Inc. on alert to review carefully the activity and performance of their accounts and question whether Paul Woodard has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at PFS Investments Inc. also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At PFS Investments Inc. Due To Paul Woodard
If you have questions about PFS Investments Inc. and/or Paul Woodard and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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