NOTICE TO WOODBRIDGE GROUP OF COMPANIES’ INVESTORS WHO LOST IN EXCESS OF $500,000 – Klayman & Toskes, P.A. Continues to Investigate Claims on Behalf of Investors Who Purchased Woodbridge Commercial Notes

Boca Raton, Florida – January 9, 2018 – The Securities Arbitration Law Firm of Klayman & Toskes, P.A., www.nasd-law.com, continues to investigate claims on behalf of investors in Woodbridge Group of Companies, LLC “(Woodridge”). Woodbridge, a luxury real estate developer, is currently being investigated by the Securities and Exchange Commission (“SEC”) for the direct and indirect sale of unregistered securities.

In recent weeks, amidst the SEC investigation, the CEO of Woodbridge, Robert Shapiro resigned. Following the resignation of their CEO, Woodbridge filed for chapter 11 Bankruptcy. Brokerage firms and financial advisors who sold securities in Woodbridge had a duty to their customers to perform their due diligence and recommend suitable investments to their clients. This would require the brokerage firms and financial advisors to evaluate the risks and client objectives before recommending securities.

Brokers across the country have been selling these notes as secure investments.  Many of these notes include maturity dates between 12 months and 18 months.  Amongst the brokers selling these notes include some former registered brokers, non-registered brokers, and registered insurance agents.  Investors should be aware that they may have multiple options when it comes to remedies, including FINRA Arbitration claims, class action lawsuits, and joining the ongoing Bankruptcy.

The sole purpose of this release is to investigate the sales practices and financial misconduct of brokerage firms and financial advisors in connection with the sale of Woodbridge to their customers. Investors who purchased these investments are encouraged to contact Lawrence L. Klayman, Esq. of Klayman & Toskes, P.A.  at (888) 997-9956, or visit our website at www.nasd-law.com.

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