Woodbury Financial Services, Inc.

Woodbury Financial Services, Inc. has roots dating back to the turn of the century. A member of The Hartford Financial Services Group, Woodbury Financial is backed by the strength and stability of one of the most widely recognized companies in the industry. Woodbury brokers offer life insurance, variable annuities, alternative investments, and brokerage services. Woodbury is based in Woodbury, Minnesota and has more than 1,850 brokers throughout the United States.

Woodbury Financial Services Ordered to Pay Customer $122,000

A FINRA arbitration panel ordered Woodbury Financial Services to pay an investor $122,000 to compensate the investor for damages suffered as a result of Woodbury’s improper conduct. The Claimant asserted causes of action including the following: failure to supervise, negligence,
breach of industry standards and breach of contract. Claimant alleged that Respondent, through the assurances of one of its registered representatives, invested his retirement income into a variable annuity. Claimant alleged that Respondent failed to disclose the risks associated with the variable annuity. Claimant further asserted that the annuity was unsuitable given his stated investment objective of preservation of capital and his risk tolerance

If you suffered investment losses, please contact us or communicate with a Dimond Kaplan & Rothstein, P.A. attorney at 888-578-6255 or jkaplan@dkrpa.com for a free case evaluation.

EN   ES   PT     

Miami Office
Grand Bay Plaza
2665 S. Bayshore Drive
Penthouse 2B
Miami, FL 33133
Telephone: 786.628.8236

Los Angeles Office
Available by Appointment
2029 Century Park East
Century Plaza Tower
Suite 400N
Los Angeles, CA 90067
Telephone: 424.544.7930

New York City Office
Available by Appointment
14 Wall St, 20th Floor
New York, NY 10005
Telephone: 917.382.5217

West Palm Beach Office
Northbridge Centre
515 N. Flagler Drive, Suite P-300
West Palm Beach, FL 33401
Telephone: 561.475.2887

Detroit Office
41000 Woodward Avenue,
Suite 350 East
Bloomfield Hills, Mi 48304
Telephone: 248.368.0182