Matthew Charles Woodard—Customer Fund Conversion

investors rights attorneysMatthew Charles Woodard Allegedly Woodard Converted Customer Funds from a Deceased Firm Customer’s Account

Matthew Charles Woodard allegedly converted customer funds from a deceased Firm (First Allied Securities Inc.) customer’s account, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).

Matthew Charles Woodard entered the securities industry in July 2009 and became registered with FINRA as a General Securities Representative in August 2009, and, from July 2009 to August 2014, Woodard was associated with three FINRA member firms, the AWC notes.

Matthew Charles Woodard Barred by FINRA for Alleged Failure to Provide Documents and Information Requested During Course of an Investigation

Matthew Charles Woodard has been barred by FINRA for failure to provide documents and information requested during the course of an investigation into allegations that Woodard converted customer funds from a deceased Firm (First Allied Securities Inc.) customer’s account, the AWC notes.

By refusing to respond to FINRA’s request for documents and information as requested pursuant to FINRA Rules Woodard allegedly violated FINRA Rules, the AWC notes.

One should also note that, according to the AWC, Matthew Charles Woodard neither admitted nor denied the FINRA findings

The Peiffer Wolf Securities Lawyers Often Assist Investors

The Peiffer Wolf securities lawyers assist investors who lose money as a result of customer fund conversion. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of customer fund conversion are encouraged to contact the securities lawyers at Peiffer Wolf, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at 585-310-5140.

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In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.