Hornor Townsend Kent LLC Terminates Chip Wodrich

Soreide Law Group is investigating possible investor claims against securities broker Chip Wodrich (also known as Charles William Wodrich) (CRD:  2715728, Goodyear, AZ). Evidently, Hornor Townsend Kent LLC terminated the securities broker for cause, and investors filed disputes about him. Allegedly, Wodrich engaged in unauthorized trading and made unauthorized communications with clients regarding securities business.

Hornor Townsend Kent LLC Disaffiliates With Chip Wodrich For Unauthorized Trading

Notably, on August 11, 2022, Hornor Townsend Kent LLC disaffiliated with Wodrich. Evidently, Hornor Townsend Kent LLC alleged that Wodrich potentially engaged in unauthorized discretionary trading and made unauthorized communications with clients regarding securities business.

Hornor Townsend Kent LLC Investor Accuses Wodrich Of Unsuitable Recommendations

Also, a Hornor Townsend Kent LLC client filed a complaint about Chip Wodrich. Namely, the client alleged that Wodrich made unsuitable recommendations. Because of this, the client allegedly sustained damages by investing in ETFs. Therefore, on August 8, 2022, Hornor Townsend Kent LLC settled this matter by paying the client $17,000 in damages.

Chip Wodrich Discloses Omissions Allegations By Thrivent Investment Management Inc. Client

Additionally, a client of Thrivent Investment Management Inc. contested Chip Wodrich’s sales practices, according to a complaint. Allegedly, Wodrich made omissions. Supposedly, Wodrich caused the client to sustain damages by investing in variable annuities. Therefore, Thrivent Investment Management Inc. opted to settle the matter on June 3, 2003, by compensating the client in the amount of $12,793.

Thrivent Investment Management Inc. Investor Accuses Wodrich Of Omissions

Evidently, a Thrivent Investment Management Inc. client filed a complaint about Chip Wodrich. Namely, the client alleged that Wodrich made omissions. Because of this, the client allegedly sustained damages by investing in SPIVAs. Therefore, on May 23, 2003, Thrivent Investment Management Inc. settled this matter by paying the client $14,419.45 in damages.

Chip Wodrich Employment Information

Chip Wodrich worked for Hornor Townsend Kent LLC in Goodyear, AZ, as a securities broker from December of 2013 to August of 2022.

Damages Resulting From Hornor Townsend Kent LLC Securities Broker Wodrich?

Experienced damages because of Chip Wodrich? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with a securities attorney about a possible recovery of your investment losses. Soreide Law Group, who has effectively recovered money for hundreds of investors in the United States, is ready to review your situation and explain your legal options. Also, the firm represents clients on a contingency fee basis and advances all costs. Wodrich and brokerage firms Wodrich worked for deny any and all allegations of sales practice violations.