Last Updated: September 2023 (Fort Worth, TX )
Joel Floyd Woods Investigation Summary
Here’s what you need to know about Fort Worth, Texas, stockbroker Joel Floyd Woods:
- Name: Mr. Joel Floyd Woods
- Current Employer: LPL Financial LLC
- Previous Firms: Concorde Investment Services, Concorde Asset Management, EDI Investment Advisor Corp
- Function: Stock Broker/ Financial Advisor
- Aliases: Joel Woods
- Primary Location: Fort Worth, Texas
- CRD 1470780
- Can Joel Floyd Woods be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement: $155,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Joel Floyd Woods As Your Stockbroker?
Joel Woods discloses four customer complaints for alleged broker misconduct.
In October 2022, a customer of Concorde Investment Services was paid $27,600 to settle a FINRA arbitration alleging that recommendations made by Joel Woods to invest in direct investments and limited partnerships were unsuitable.
In April 2013, a customer of Concorde Investment Services was paid $155,000 to settle a FINRA arbitration alleging that Joel Woods made unsuitable investment recommendations to purchase private placements, direct investments and limited partnerships.
Two customers of prior employer EDI Financial brought claims that were denied by the brokerage firm and apparently the customers did not engage the services of a securities attorney or otherwise pursue the matters.
Allegations of Broker Misconduct Against Joel Floyd Woods
Customers of Joel Woods have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations to purchase limited partnerships
- Unsuitable Investment Recommendations to purchase private placements
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Joel Woods, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
