Ashley Woodard, a previously-registered broker and financial advisor formerly with NYLife Securities is involved in customer disputes over alleged illiquid alternative investments

The Securities Lawyers at Halling & Cayo, S.C. are looking into potential claims regarding illiquid alternative investments. According to public records, there have been 5 claims against Ashley Woodard alleging the financial representative made recommendations to claimants of risky, unsuitable, illiquid alternative investments.

If you were a client of Ashley Woodard and NYLife Securities and lost money in your account, we are interested in discussing a potential claim with you. Brokerage firms like NYLife Securities have a responsibility to supervise all representatives who are registered through their firm.  (See our video “Warning signs of a bad financial advisor”). Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. The brokerage firm is not only legally responsible for the acts of its agents, like Ashley Woodard, NYLife Securities may also be liable for investment losses sustained by customers for a failure to supervise. The Securities Lawyers at Halling & Cayo, S.C. have recovered millions of dollars for investors across the country. (See our video “Do I need a lawyer for my FINRA Arbitration?”). Reviewing FINRA’s Broker Check, there have been 14 complaints against Ashley Woodard.

Ashley Woodard has Had 14 recent customer disputes from clients claiming losses from Alleged Unsuitability, here are 4 of the most recent:

1. April 7, 2021, Customer Dispute:

Allegations include recommendations and sales to claimants of risky, unsuitable, illiquid alternative investments.

Damage Amount Requested: $500,000.00

2. March 30, 2021, Customer Dispute:

Allegations include recommendations and sales to claimants of risky, unsuitable, illiquid alternative investments.

Damage Amount Requested: $500,000.00

3. March 30, 2021, Customer Dispute:

Allegations include recommendations and sales to claimants of risky, unsuitable, illiquid alternative investments.

Damage Amount Requested: $500,000.00

3. March 30, 2021, Customer Dispute:

Allegations include recommended a risky, unsuitable, illiquid alternative investment.

Damage Amount Requested: $50,000.00

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Sean M. Sweeney is a shareholder at Halling and Cayo, a full service law firm in Milwaukee, WI and the head of its Securities Litigation team.

He represents individual and institutional investors in FINRA arbitration and court nationwide. He recovers investment losses from fraud or breach of duty from their broker-dealer.

Contact him at (414) 755-5020 or via e-mail at SMS@hallingcayo.com to see if he can help recover your funds.