Did You Lose Money Because of Jason Woods?
Filed: November 2, 2023
Jason Woods has been the subject of nine (9) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Jason Woods.
Who Is Jason Woods?
- Advisor Name: Jason Woods
- Aliases: Jason Woods
- CRD: 5992754
- Location: Louisville, Kentucky
- Current Employer: Currently Not Registered
- Previous Firms: Thurston, Springer, Miller, Herd & Titak, Inc. and LPL Financial LLC
- Number of Known Customer Complaints: 9
- Can Jason Woods Be Sued: Yes, in Private Arbitration
- Can Jason Woods’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $350,000
- Highest Settlement: $170,000
If you have suffered investment losses by Jason Woods, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Jason Woods For Broker Misconduct
As of this publication date, Jason Woods has been the subject of 9 customer disputes. Let’s review them below.
In October 2019, a FINRA arbitration was filed against or in reference to Jason Woods by multiple customers of LPL Financial LLC alleging that the clients desired to purchase low-risk investments, but were encouraged to invest in risky business development companies and REITs through ongoing misrepresentations, which caused them monetary losses. The clients further allege losses in connection with a variable annuity. They also allege that LPL failed to adequately supervise claimants’ representatives. Per the customers, they lost over $140,000 because of Mr. Woods’s actions. On January 5, 2021, Mr. Woods settled the claim for $170,000, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
In June 2019, a complaint was filed against or in reference to Jason Woods by multiple customers of LPL Financial LLC alleging that Mr. Woods failed to disclose risks and fees associated with annuity purchases, and misrepresentation and unsuitable recommendation with respect to alternative investments. On May 13, 2020, Mr. Woods settled the claim for $20,000, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
In March 2019, a complaint was filed against or in reference to Jason Woods by multiple customers of LPL Financial LLC alleging misrepresentation and unsuitable recommendations in connection with alternative investment purchases. On May 13, 2020, Mr. Woods settled the claim for $5,000, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
In February 2019, a complaint was filed against or in reference to Jason Woods by multiple customers of LPL Financial LLC alleging misrepresentation and unsuitable investment in connection with alternative investments. Per the customers, they lost over $350,000 because of Mr. Woods’s actions.
In January 2019, a complaint was filed against or in reference to Jason Woods by a customer of LPL Financial LLC alleging misrepresentation and unsuitable investment in connection with an alternative investment. On February 28, 2019, Mr. Woods settled the claim for $10,000, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
In December 2018, a complaint was filed against or in reference to Jason Woods by multiple customers of LPL Financial LLC alleging misrepresentation and unsuitable investment in connection with two alternative investments. Per the customers, they lost over $120,000 because of Mr. Woods’s actions. On July 26, 2019, Mr. Woods settled the claim for $25,374.83, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
In August 2018, a complaint was filed against or in reference to Jason Woods by a customer of LPL Financial LLC alleging excessive selling of annuities, misrepresenting or failing to disclose material facts, unsuitability of products, and alteration of account profiles. Per the customer, he/she lost over $153,554 because of Mr. Woods’s actions. On April 9, 2019, Mr. Woods settled the claim for $61,852.07, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
In March 2018, a complaint was filed against or in reference to Jason Woods by a customer of LPL Financial LLC alleging misrepresentation of financial information, unsuitable investments, unwarranted fees, and failure to invest in a timely manner. Per the customer, he/she lost over $26,889.67 because of Mr. Woods’s actions. On October 29, 2019, Mr. Woods settled the claim for $17,500, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
In March 2018, a complaint was filed against or in reference to Jason Woods by multiple customers of LPL Financial LLC alleging misrepresentation, unsuitable investments, failure to invest in a timely manner, and losses in accounts. The clients also allege some documents were altered and specifically allege they do not recognize certain signatures or initials and other signatures appear to be copies. On July 16, 2019, Mr. Woods settled the claim for $96,480, and some or all of this amount may have been paid by Mr. Woods’s employer and/or insurance carrier.
How To File A Claim Against Jason Woods (previously with Thurston, Springer, Miller, Herd & Titak, Inc. and LPL Financial LLC) To Get Your Money Back.
If you have questions about Jason Woods, Thurston, Springer, Miller, Herd & Titak, Inc., LPL Financial LLC, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.
