BOCA RATON, Fla., Dec. 04, 2017 (GLOBE NEWSWIRE) -- Attorney Advertising – On December 4, 2017, Woodbridge Group of Companies (“Woodbridge”) declared bankruptcy citing ongoing litigation and regulatory compliance costs as factors in the bankruptcy. Woodbridge is currently the focus of an SEC action seeking certain corporate records and is reportedly probing whether Woodbridge defrauded investors. According to Woodbridge Wealth’s website, Woodbridge offers First Position Commercial Mortgages, Secondary Market Annuities and a Commercial Bridge Loan Fund. Woodbridge has reportedly raised approximately 1 billion dollars from investors around the country. Investor returns are now unclear as the bankruptcy seeks certain protections for the company.
Silver Law Group focus its practice on the representation of investment fraud victims worldwide. Scott L. Silver, managing partner of the Silver Law Group, has devoted his legal career to representing aggrieved investors and is an author and regular speaker on investor rights, FINRA arbitration and elder financial fraud.
For more information about the firm and its investor rights practice area, please visit www.silverlaw.com. You may contact Mr. Silver toll-free at (800) 975-4345 for a confidential, no cost consultation on your legal rights. Silver Law Group is a national investors rights law firm which primarily represents investors in securities arbitration and litigation including class actions.
Source:Silver Law Group