Jerry Raines Formerly Licensed Financial Advisor | Goodman & Nekvasil P.A., Has Filed Claims on Behalf of Investors in Woodbridge Mortgage Investment Funds
Goodman & Nekvasil P.A. Has Filed Claims on Behalf of Investors in Woodbridge Mortgage Investment Funds | Jerry Raines Formerly Licensed Financial Advisor
Jerry Raines of Kilgore, Texas was licensed with HD Vest Investment Services (2014-2017), Signal Securities, Inc. (2013-2014) and Woodmen Financial Services, Inc. (2011-2012). Goodman & Nekvasil, P.A. currently represents clients of Jerry Raines who invested more than $3 million in the fraudulent Woodbridge Mortgage Investment Fund. We have filed arbitration claims on their behalf against HD Vest, Signal Securities and Woodmen, seeking to recover our clients' entire Woodbridge investment, along with legal interest, attorneys fees and punitive damages.
The SEC recently filed an action alleging that the Woodbridge Mortgage Investment Fund is a Ponzi Scheme. According to the SEC, Woodbridge Mortgage Investment Fund raised more than $1.22 billion from over 8,400 unsuspecting investors nationwide through fraudulent unregistered securities offerings. The SEC alleges that this fraudulent scheme collapsed in December 2017 and left investors with "substantial losses", as they are owed at least $961 million in principal.
If you invested in the Woodbridge Mortgage Investment Funds through Jerry Raines, you may be able to recover your losses from HD Vest Investment Services, Signal Securities, Inc. and/or Woodmen Financial Services, Inc. This is because HD Vest Investment Services, Signal Securities, Inc. and Woodmen Financial Services, Inc. had a duty to supervise Jerry Raines.
If you invested in the Woodbridge Mortgage Investment Funds through Jerry Raines, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against HD Vest Investment Services, Signal Securities, Inc. and/or Woodmen Financial Services, Inc. concerning Jerry Raines’ conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. You will continue to own your claim in the Woodbridge Bankruptcy; our case involves a separate, additional avenue of recovery.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you invested in the Woodbridge Mortgage Investment Funds with Jerry Raines and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Keywords: Jerry Davis Raines, Jerry Raines, FINRA, HD Vest Investment Services, Signal Securities, Woodmen Financial, SEC, Fraud, Attorney, Broker, Brokerage, Firm, Brokerage Firm, Invest, Lawyer, Securities Lawyer, Goodman and Nekvasil, Nekvasil, Goodman, Investor, Investment, Financial, Financial Services, SecuritiesBack to Blogs