7 million in commissions with their sales from the unregistered securities. Some invested as much as $1 million in Woodbridge financial loans. Kornfield statements to obtain no understanding of the shady nature of Woodbridge and was persuaded they were being seem products and solutions. Source

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Nearly all Mr. Leitess’ each day Qualified exercise relates to business litigation and arbitration, nevertheless a substantial degree of his time is dedicated to transactional matters and “outside the house general counsel” products and services for day-to-day functions of purchasers who do not need an in-property authorized Section.

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The case in opposition to Woodbridge has spanned courts around the federal and state stages and it has dragged on for just a bit over a web 12 months.

Profits might also give funding to compensate rip-off victims by January or February of 2019. There remain pending authorized instances, including several appeals and lawsuits connected to the bankruptcy filing. Learn more