Herbert White Involved In Woodbury Clients’ Misrepresentation Disputes

Investors possibly experienced losses because of securities broker Herbert C. White [CRD: 3125223, Greenwood Village, Colorado], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Herbert White worked for Woodbury Financial Services Inc. as a securities broker from April 4, 2003, to January 19, 2024.

Woodbury Financial Services Inc. Investor Accused White Of Unsuitable Recommendations

Specifically, on December 20, 2023, a Woodbury Financial Services Inc. client filed FINRA Arbitration No. 23-03601 about Herbert White. Mainly, the client alleged that White misrepresented certain investment recommendations. Supposedly, his advice went against the client's needs and objectives. The customer also alleged omissions of important information. Because of this, the client allegedly sustained damages on direct investments and real estate securities. Because of this, the client requested $50,000 in compensation from Woodbury Financial Services Inc. or White. Apparently, this arbitration is pending a resolution.

Herbert White Disclosed Misrepresentation Allegations By Woodbury Financial Services Inc. Client

Additionally, a client of Woodbury Financial Services Inc. contested Herbert White’s sales practices, according to a complaint dated August 10, 2020. Allegedly, White made unsuitable recommendations and misrepresented a real estate security purchase. For this reason, the client sought damages from Woodbury Financial Services Inc. or White. However, the securities firm denied this dispute.

Investor Accused Herbert White Of Annuity Misrepresentation

Also, on March 18, 2019, a Woodbury Financial Services Inc. client filed a complaint about Herbert White. Supposedly, White made misrepresentations in a variable annuity purchase. As a result, the client requested $82,000 in compensation from Woodbury Financial Services Inc. or White. Ultimately, the securities firm denied this dispute.

Herbert White Disclosed Failure To Supervise Allegations By Woodbury Financial Services Inc. Client

Evidently, a client of Woodbury Financial Services Inc. contested Herbert White’s sales practices, according to a complaint dated January 13, 2017. Allegedly, White failed to supervise another representative in his branch for a variable universal life insurance purchase. Therefore, the client sought damages from Woodbury Financial Services Inc. or White. However, the customer closed this dispute without taking further action.

Did You Sustain Losses Because Of Securities Broker Herbert White?

Have you experienced losses due to financial advisor / securities broker Herbert White? You could get in touch with Soreide Law Group online or at (888) 760-6552 and speak with a securities attorney regarding a potential recovery of your investment losses. Soreide Law Group investment loss lawyers help individuals throughout the United States, work on a contingency fee basis, and advance all costs. White and brokerage firms he worked for deny accusations of sales practice violations.