Investors have reportedly disputed the sales practices of securities broker Ashley Charles Woodard [CRD: 4703144, Greenville, South Carolina], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Woodard worked for NYLIFE Securities LLC from December 21, 2017, to October 28, 2020; IFS Securities from February 15, 2017, to November 13, 2017; and Voya Financial Advisors Inc. from June 4, 2013, to February 16, 2017. Read on to discover more about the disclosures involving Woodard.
Particularly, on March 13, 2024, a Voya Financial Advisors Inc. client filed FINRA Arbitration No. 24-00560 about Ashley Woodard. Primarily, the client alleged that Woodard made unsuitable recommendations of illiquid and complex alternative investments and made misrepresentations of material fact by altering forms and making false statements. For this reason, the investor allegedly incurred damages relating to variable annuities and real estate securities. As a result, the client requested $499,999 in compensation from Voya Financial Advisors Inc. or Woodard. It appears that this arbitration is pending a resolution.
Notably, a client of Voya Financial Advisors Inc. disputed Ashley Woodard’s sales practices by filing FINRA Arbitration No. 24-00379 on February 20, 2024. Allegedly, Woodard made unsuitable recommendations of illiquid, risky, and speculative private placements and misrepresented investment risks by falsifying client financial information. It appears that Woodard caused the client to sustain damages associated with real estate securities. Consequently, the client seeks compensation from Voya Financial Advisors Inc. or Woodard in the amount of $999,999 in this ongoing matter.
Additionally, a Voya Financial Advisors Inc. client filed FINRA Arbitration No. 21-00744 about Ashley Woodard. Mainly, the client alleged that Woodard made unsuitable recommendations in a risky and illiquid alternative investment. Supposedly, the client sustained damages linked to REITs. Therefore, on July 28, 2021, Voya Financial Advisors Inc. settled this matter by paying the client $25,000 in damages.
Specifically, a client of Voya Financial Advisors Inc. contested Ashley Woodard’s sales practices by filing FINRA Arbitration No. 21-00776. Allegedly, Woodard recommended and sold illiquid and risky alternative investments including real estate securities. As a result, Voya Financial Advisors Inc. opted to settle the matter on May 17, 2022, by compensating the client in the amount of $1,794,691.60.
Do you have concerns or questions regarding investments you made with Ashley Woodard? Contact Soreide Law Group online or at (888) 760-6552 and talk to a securities attorney concerning a possible recovery of your investment losses. For more than a decade, Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm takes cases on a contingency fee arrangement and advances all costs. Woodard and brokerage firms Woodard worked for deny allegations of sales practice violations.
Moors & Cabot, Inc. (CRD 594) is a brokerage firm based in Boston, Massachusetts. FINRA censured and fined the firm $125,000 after finding it failed to develop and implement an anti-money laundering compliance program reasonably expected to detect and report suspicious transactions, according to an AWC issued August 24, 2026.
Cowen and Company, LLC (CRD 7616), now part of TD Securities (USA) LLC, is a brokerage firm based in New York, New York. FINRA censured and fined the firm a total of $80,000, of which $40,000 is payable to FINRA, according to an AWC issued August 19, 2026.
Webull Financial LLC (CRD 289063) is a brokerage firm based in New York, New York. FINRA censured and fined the firm $115,000 after finding it maintained inaccurate books and records of options order origin codes, according to an AWC issued August 17, 2026.
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