Investor Names Joel Woods in Negligence Allegations

Joel Woods (CRD #: 1470780), a broker formerly registered with LPL Financial, is named in a pending dispute, according to his BrokerCheck record, accessed on March 7, 2025. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On December 31, 2024, an investor filed a dispute that named Joel Woods in allegations of negligence, negligent hiring, breach of contract and unsuitability in connection with investments made in 2017. The client seeks $750,000 in damages in this pending dispute.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to recommend securities that sufficiently suit an investor’s financial goals. Brokers must take into account an investor’s tax status, age, risk tolerance, and other information described in their profile.

Investors who rely on brokers for recommendations may be able to recover their losses by seeking out FINRA arbitration.

What is broker negligence?

Brokers may act in many negligent ways, including recommending unsuitable investments, misrepresenting material facts, or failing to supervise other brokers.

Investors who believe their losses are the result of broker negligence may be able to recover their funds by pursuing FINRA arbitration.

Background Information

Joel Woods has passed the following exams:

• General Securities Principal Examination – Series 24
• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

In the past, he worked for the following firms:

• LPL Financial (CRD#:6413)
• Concorde Investment Services (CRD#:151604)
• EDI Financial (CRD#:15699)
• SunAmerica Securities (CRD#:20068)
• Signal Securities (CRD#:15916)
• NationsSecurities (CRD#:32542)
• First Affiliated Securities (CRD#:23737)
• First Affiliated Securities (CRD#:6871)
• Thomson McKinnon Securities (CRD#:829)

Kurta Law Can Help

If you worked with Joel Woods and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.