DID ASHLEY CHARLES WOODARD CAUSE YOU INVESTMENT LOSSES?
Ashley Woodard Formerly With NYLIFE Securities LLC Has 18 Customer Complaints For Alleged Broker Misconduct
About Ashley Woodard formerly with NYLIFE Securities LLC?
Ashley Woodard (CRD #4703144) has a diverse professional background in the securities industry. He has been associated with several firms, including NYLIFE Securities LLC, IFS Securities, Voya Financial Advisors, and others, predominantly in Greenville, South Carolina. Over his career, he has passed one principal/supervisory exam, two general industry/product exams, and one multi-state securities law exam. Woodard’s registration history includes: • NYLIFE Securities LLC (12/2017 – 10/2020) • IFS Securities (02/2017 – 11/2017) • Voya Financial Advisors, Inc. (06/2013 – 02/2017) • Additional firms dating back to 2003. As of the most recent report, Woodard is not currently registered with any securities firm.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Ashley Woodard Customer Complaints and Reviews
Ashley Woodard has a total of 19 disclosure events, including 18 customer disputes and 1 judgment/lien. The notable incidents are summarized below
- Customer Disputes (18 total)
- March 2021: Recommended a risky, unsuitable investment in real estate securities. Settled for $25,000.
- March 2021: Recommended risky, unsuitable real estate investments. Settled for $1,794,691.60.
- March 2021: Sale of unsuitable real estate investments. Settled for $1,226,533.57.
- April 2021: Risky investment recommendations. Settled for $1,200,000.01.
- July 2020: Recommended unsuitable investments in annuities and real estate securities. Settled for $3,500,000.
- July 2020: Claims of unsuitable investment recommendations. Settlement pending.
- July 2020: Recommended illiquid investments. Settled for $152,500.
- November 2019: Recommended unsuitable oil and gas investments. Settled for $300,000.
- October 2019: Recommended unsuitable real estate investments. Settled for $575,000.
- April 2019: Recommended unsuitable direct investments. Settled for $750,000.
- Additional complaints include allegations of recommending unsuitable investments and settlements ranging from $37,500 to $1,794,691.60.
- Judgment/Lien
- November 2018: An outstanding tax lien for $53,676 filed by the Internal Revenue Service, related to tax years 2014, 2015, and 2016.
Allegations Against Ashley Woodard
The following allegations have been made against Ashley Woodard:
- Customer Disputes
- Recommendations of risky, unsuitable, and illiquid investments, including real estate securities and annuities.
- Allegations of altering forms and making false statements regarding investments.
- Misrepresentation of investment risks and suitability.
- Judgment/Lien
- Outstanding tax lien of $53,676 related to unpaid taxes for the years 2014, 2015, and 2016.
Ashley Woodard Red Flags & Your Rights As An Investor
Of course, Ashley 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 Ashley Woodard at NYLIFE Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Ashley Woodard has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NYLIFE Securities LLC 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 NYLIFE Securities LLC Due To Ashley Woodard
If you have questions about NYLIFE Securities LLC and/or Ashley 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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