The Securities and Exchange Commission has launched an investigation against Woodbridge. In a recent petition to enforce subpoenas, the SEC alleged that Woodbridge may have committed securities violations.
Woodbridge has represented to investors that bona-fide third parties are borrowing money and repaying interest at a high rate, of which the investors in Woodbridge funds get a portion thereof. However, evidence obtained in our investigation reveals that many, if not, of these LLCs may be Woodbridge affiliates with Shapiro [Woodbridge’s president] as their manager.
Woodbridge has also been accused of a number of securities violations by several state securities regulators.
The Peiffer Rosca Wolf securities lawyers are investigating and preparing to take action. They have been in contact with Woodbridge investors and are evaluating a number of legal proceedings to seek compensation for those investors’ investments in Woodbridge programs.
Woodbridge investors may contact the Peiffer Rosca Wolf attorneys Alan Rosca or James Booker for a free, no-obligation evaluation of their recovery options via email at firstname.lastname@example.org , toll free at 888-998-0520, or through the contact form on this website.