Andrea Friederike Wood (Andrea Wood) – FINRA Files Complaint Against Financial Advisor/Broker Andrea Wood

Andrea Friederike Wood (Andrea Wood) – FINRA Files Complaint Against Financial Advisor/Broker Andrea Wood | Goodman & Nekvasil, P.A. May Recover Investor Losses

Andrea Friederike Wood (Andrea Wood) CRD #2000589

Andrea Wood is a currently registered financial advisor/broker with Integrity Brokerage Services, Inc. Andrea Wood was previously registered with Finance 500, Inc. According to FINRA, FINRA filed a complaint against Andrea Wood in April 2020.

According to FINRA Allegations:

Andrea Wood was a named respondent in a FINRA complaint alleging that Andrea Wood permitted and enabled a statutorily disqualified and unregistered person to associate and conduct a securities business. The complaint alleges that Andrea Wood took affirmative steps to permit and enable the person’s continued association with his member firm, Integrity Brokerage Services, Inc., which disguised the actual nature of the person’s continued association with the firm, including by entering into and amending an Analyst Agreement and Office Sharing Agreement, and by paying the person directly and indirectly in connection with the firm’s securities business through those agreements. Andrea Wood permitted and enabled the person to improperly associate with the firm and engage in the firm’s securities business, despite his disqualified status. In addition, Andrea Wood permitted and enabled the person to engage in the firm’s securities business without being appropriately registered.

According to Andrea Wood’s BrokerCheck Report, Andrea Wood was discharged from Finance 500, Inc. in September 2015. Andrea Wood allegedly appeared to have engaged in a commission sharing agreement, in possible violation of FINRA Rule 2040, by transferring commissions to Jaffe Financial Services, Inc. (JFS), a non-registered entity controlled by a third party. The commission sharing arrangement also appeared to have circumvented state agent registration requirements, in that the payments by Andrea Wood were in relation to securities transactions in states where the third party was not registered.

Goodman & Nekvasil P.A. May Recover Investor Losses

If you lost money on investments with Andrea Wood and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Andrea Wood’s 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.

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 lost money on investments with Andrea Wood 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.

Some of the information in this blog post was obtained on 6/3/2020 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

Andrea Wood, Financial Advisor, Broker, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, SEC, Financial Advisor, Broker, Andrea Wood

 

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