Did Michael John Woods Cause You Investment Losses?
Michael John Woods, a broker formerly at New Brighton, Pennsylvania based Fortune Financial Services, Inc., submitted a Letter of Acceptance, Waiver and Consent (AWC) to FINRA for allegedly engaging in an outside business activity without providing written notice to his firm. FINRA’s findings stated that Mr. Woods obtained signature authority on the firm customer’s bank account and wrote checks to pay the customer’s monthly bills in exchange for fees that totaled at least $1,500. The customer was 78 years old at the time, was arthritic, and according to Mr. Woods, needed help to manage his affairs. FINRA also stated that Mr. Woods created a false document bearing the customer’s photocopied signature from a variable annuity withdrawal form the customer had previously signed. Mr. Woods allegedly dated the new form and submitted the document to the annuity issuer three days after the customer died. The withdrawn monies were supposedly deposited into the customer’s bank account, which Mr. Woods controlled as the trustee of the customer’s trust. FINRA stated Mr. Woods issued checks drawn from that bank account to pay himself fees for estate services that he rendered as trustee of the trust. FINRA’s findings also included that Mr. Woods willfully failed to timely disclose federal tax liens levied against him on his Form U4. Mr. Woods, of Dexter, Michigan, was fined $20,000 and suspended from association with any FINRA member in any capacity for two years.
Do You Need a Securities Arbitration Attorney?
We are top rated securities arbitration attorneys and highly ranked lawyers by our peers in Martindale Hubble and Thomson Reuters SuperLawyers who represent investors in securities arbitrations conducted by the Financial Industry Authority (FINRA), American Arbitration Association (AAA) and JAMS alternative dispute resolution forums serving Pennsylvania investors. This state has thousands of stock brokerage firms and investment advisory offices. With so many stock brokerage firms and investment advisor offices, comes the potential for their stockbrokers, financial advisors, and other representatives to engage in all kinds of stockbroker misconduct which violates Federal and Pennsylvania securities laws and Financial Industry Regulatory Authority (FINRA) rules and stock brokerage firms’ policies and procedures.
Experienced Securities Arbitration Lawyers Who Handle FINRA, AAA Or JAMS Arbitrations Throughout Pennsylvania And Nationwide.
Are you a Pennsylvania investor who has suffered significant losses in your stock brokerage and investment accounts? Did your Pennsylvania stockbroker or investment advisor, misrepresent facts, fail to disclose facts making the statements made false and misleading, recommend unsuitable investments or strategies, excessively trade or churn or otherwise mismanage your investment account? Depending upon the terms of your arbitration agreement you will need to have representation from an experienced, highly-rated and nationally recognized FINRA, AAA or JAMS arbitration securities law attorney—an attorney who knows the FINRA, AAA or JAMS rules and procedures inside and out and how to handle these FINRA, AAA or JAMS arbitration cases and other complex legal issues.
By hiring a top rated attorney like Robert Wayne Pearce with over 40 years of experience practicing securities law on both sides of the table in FINRA, AAA and JAMS arbitration proceedings, you will clearly see that Attorney Pearce doesn’t just handle cases—he aggressively represents investors and is one of the best securities arbitration attorney to recover your investment losses for all types of stockbroker misconduct in FINRA, AAA and JAMS arbitration proceedings!
At The Law Offices of Robert Wayne Pearce, P.A., we represent investors in all kinds of securities law and investment disputes in FINRA, AAA and JAMS arbitration and mediation proceedings. We handle a wide range of practice areas such asfraud and misrepresentation, breach of fiduciary duty, failure to supervise, and unsuitable recommendations. Attorney Pearce and his staff represent investors throughout Pennsylvania, and across the United States on a CONTINGENCY FEE basis, which means you pay nothing – NO FEES-NO COSTS – unless we put money in your pocket after receiving a settlement or FINRA arbitration award.
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Free Initial Consultation With An Experienced FINRA, AAA and JAMS Securities Arbitration Attorneys Serving Pennsylvania Residents
The Law Offices of Robert Wayne Pearce, P.A. are highly experienced lawyers who successfully handle securities law matters and investment disputes in FINRA, AAA and JAMS arbitration proceedings, and who work tirelessly to secure the best possible result for you and your case. For dedicated representation by an attorney with over 40 years of experience and success in all kinds of securities law and investment disputes in FINRA, AAA and JAMS arbitrations serving Pennsylvania citizens, contact the firm by phone at 561-338-0037, toll free at 800-732-2889 or via e-mail.