Securities and Exchange Commission v. Robert S. Davis Jr. et al
Case Number:
2:18-cv-10481
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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January 22, 2021
Brokers Owe $4.2M In Fees Earned In Woodbridge Ponzi Ploy
The U.S. Securities and Exchange Commission received approval in California federal court Friday for the disgorgement of millions of dollars from a group of unregistered brokers arising from the yearslong real estate Ponzi scheme operated by the Woodbridge Cos.
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January 15, 2021
Citing Liu, SEC Seeks $1.2M From Woodbridge Brokers
The U.S. Securities and Exchange Commission on Friday asked a federal judge in Los Angeles to approve a $1.2 million judgment against broker defendants in litigation concerning the Woodbridge Group of Companies Ponzi scheme, citing the Supreme Court's June decision that the regulator can seek disgorgement in federal court.
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May 23, 2019
SEC Adds Sales Agent To Woodbridge Ponzi Scheme Suit
A Massachusetts-based sales agent of the Woodbridge Group is among the perpetrators of a $1.2 billion Ponzi scheme involving a complex network of phony real estate investments and unregistered Florida-based funds, the U.S. Securities and Exchange Commission has alleged.
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December 19, 2018
More Unregistered Brokers Sold Woodbridge Securities: SEC
The U.S. Securities and Exchange Commission has filed three more lawsuits against companies and individuals who allegedly sold unregistered securities in the $1.22 billion Ponzi scheme that drove Woodbridge Group of Cos. LLC to file for bankruptcy protection.