Securities and Exchange Commission v. Robert S. Davis Jr. et al

  1. 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.

  2. 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.

  3. 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.

  4. 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.