Donald Woods, Formerly of LPL Financial, Suspended by FINRA After Allegations He Falsified Records

Donald Woods is also accused of making unsuitable investment recommendations, and currently has four pending customer complaints claiming nearly $500K in damages.

The Sonn Law Group is investigating allegations that Donald Woods committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Donald Woods LPL FinancialDonald Woods (CRD#: 727894) consented to sanctions in the form of a six-month suspension, a fine of $10,000, and disgorgement of $5,600.70 ordered by FINRA.

The sanctions were based on FINRA’s findings that Woods submitted applications to purchase real estate investment trusts (REITs) that overstated the customers’ liquid net worth in order to circumvent his member firm’s restrictions.

The findings stated that Woods did not have a reasonable basis for recommending that the customers purchase the REITs, which were inconsistent with the customers’ investment profiles. Woods received $5,600.70 in commissions in connection with these recommendations.

Woods has 11 other disclosures on his BrokerCheck report.


Donald S. Woods
October 2019 Customer Dispute


Donald S. Woods
June 2019 Customer Dispute


Donald S. Woods
March 2019 Customer Dispute


Donald S. Woods
February 2019 Customer Dispute


Donald S. Woods
January 2019 Customer Dispute


Donald S. Woods
December 2018 Customer Dispute


Donald S. Woods
August 2018 Customer Dispute


Donald S. Woods
March 2018 Customer Dispute


Donald S. Woods
March 2018 Customer Dispute


Donald S. Woods
February 2017 Customer Dispute


Donald S. Woods
November 2016 Customer Dispute


Investment Losses with Donald Woods? Contact Sonn Law for a Free Case Review

The Sonn Law Group is currently investigating allegations that Donald Woods committed misconduct. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.