Stoltmann Law Offices has learned that Dee Dee Brooks, a former Signator Investors registered investment advisor has resigned from the firm because of her alleged involvement with the sale of unregistered securities. Brooks was one of Woodbridge Group of Companies’s agents, and Woodbridge operated a billion dollar ponzi scheme that defrauded over 8,000 investors. Dee Dee Brooks also operated an insurance company called Surf City Insurance Services which may have been used to conceal investments. Signator Investors may have failed in its duty to reasonably supervise Ms. Brooks, and, because it did, may be liable for investment losses on a contingency fee basis in the Financial Industry Regulatory Authority (FINRA) arbitration forum.
Ms. Brooks was previously registered with Lincoln Financial Securities Corp in Huntington Beach, California from August 2003 until April 2009, Signator Investors in Irvine, California from July 2015 until July 2015, SCF Securities in Huntington Beach from April 2009 until July 2015, and Signator Investors in Huntington Beach from July 2015 until June 2018. She is not currently registered as a broker, according to her online, FINRA BrokerCheck report.
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