Edward Ruotolo CRD #2892621
Edward Ruotolo was a formerly licensed financial advisor with TFS Securities, Inc., MML Investors Services, LLC and Voya Financial Advisors, Inc. Goodman & Nekvasil, P.A. is investigating the possible sale of Woodbridge Mortgage Investment Fund by Edward Ruotolo.
On December 20, 2017, the Securities and Exchange Commission (SEC) filed an action alleging that the Woodbridge investment was a massive Ponzi scheme, and that new investor money was used to pay the returns owed to existing investors. The SEC also alleges that Woodbridge’s business model was a sham, and that Woodbridge and Woodbridge’s owner and President, Robert H. Shapiro, misused and misappropriated investor monies. The SEC points out that Woodbridge admits in its bankruptcy filing that it has less than $12 million in its bank accounts while having investor liabilities approaching $1 billion.
If you purchased a Woodbridge Fund from Edward Ruotolo, we would like to discuss the possibility of you retaining our firm to represent you in an arbitration action against TFS Securities, Inc., MML Investors Services, LLC and/or Voya Financial Advisors, Inc. 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. The filing of such a case should not affect your rights in the Woodbridge bankruptcy.
Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Edward Ruotolo 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.
Edward Ruotolo, Investment Fraud Attorney, Stockbroker Misconduct Disciplinary Actions, Unsuitable Investment Advice, Investment Fraud, Churning, Misrepresentation and Omission of Material Facts, Elder Fraud, Unauthorized Trading, Theft, Selling Away, Unapproved Outside Business, Nationwide, PIABA, SEC, Securities Exchange Commission, NASD, National Association of Securities Dealers, NASDAQ, Dow Jones, Wall Street, New York Stock Exchange, Edward Ruotolo