Close Menu
Free Consultation: 888-976-6111

L. Jacob Woodall: Gainesville Advisor Had Mutual Fund Complaint

Cetera Financial Services advisor L. Jacob Woodall (CRD# 5499376) recently received an investor complaint alleging he provided misleading advice. Financial Industry Regulatory Authority records show that he is a broker and an investment advisor based in Acworth and Gainesville, Georgia. 

Mr. Woodall’s BrokerCheck report discloses one investor complaint. Filed in July 2022, it alleges that as a representative of Cetera Investment Advisors, he misrepresented material information relating to investments in a mutual fund and a structured product. The complaint alleged unspecified damages and was denied by the firm. 

For reference, misrepresentation occurs when a broker provides an investor with false or misleading information regarding an investment or an investment strategy. Fraudulent misrepresentation denotes the intentional provision of misleading information in order to deceive the client into making an investment, while negligent misrepresentation denotes misrepresentations made as a product of carelessness. Brokers who misrepresent information regarding material facts concerning an investment—for instance, its liquidity or riskiness—may be held liable in the event of losses.

According to the Financial Industry Regulatory Authority, L. Jacob Woodall holds 14 years of securities industry experience. Based in Acworth and Gainesville, Georgia, he has been a broker and an investment advisor with Cetera Financial Services and Cetera Investment Advisors since 2014. His past registrations include CUNA Brokerage Services (Duluth, Georgia; 2012-2014 and Martinsville, Virginia; 2008-2012) and New England Securities (Glen Allen, Virginia; 2008). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; the Uniform Securities Agent State Law Examination, or Series 63; and the Uniform Combined State Law Examination, or Series 66. He is licensed in Alabama, California, Colorado, Florida, Georgia, Kentucky, North Carolina, Tennessee, Texas, Virginia, and West Virginia. (Information current as of September 3, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Kingswood Advisor Brady Fuchs Receives Oil & Gas Complaint

    San Diego financial advisor Brady Fuchs (CRD# 3203016) has received an investor complaint alleging that his conduct resulted in five-figure...

    Read More
  • Bill Sines: New Complaint Against Senior Financial Services Advisor

    Multiple investor complaints against Seminole, Florida financial advisor Bill Sines (CRD# 2190586) allege that he recommended unsuitable investments. Financial Industry...

    Read More
  • Jason Rossi: $203K Complaint Against Aegis Capital Broker

    Melville, New York financial advisor Jason Rossi (CRD# 4384426) allegedly churned investments and made unauthorized trades, according to a recent...

    Read More
  • Lone Star Advisor Charles Bryant: $200K Suitability Complaint

    Sarasota financial advisor Charles Bryant (CRD# 5346404) is involved in an investor complaint alleging he provided unsuitable investment advice that...

    Read More
  • Previous
  • Next