DID REBECCA KING WAH NG-TSANG CAUSE YOU INVESTMENT LOSSES?
Rebecca Ng-Tsang Formerly With Cetera Investment Services LLC Has 5 Customer Complaints For Alleged Broker Misconduct
About Rebecca Ng-Tsang Formerly With Cetera Investment Services LLC?
Rebecca Ng-Tsang (CRD #5578435) has an extensive background in the securities industry, though she is not currently registered. She has been previously registered with several firms including Cetera Investment Services LLC, LPL Financial LLC, and UVEST Financial Services Group, Inc., mainly in Bellevue, WA. Ng-Tsang has passed five general industry/product exams and two multi-state securities law exams, indicating a broad and solid foundation in financial regulations and products. Her most recent registration was with Cetera Investment Services LLC from January 2013 to November 2021.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Rebecca Ng-Tsang Customer Complaints and Reviews
Rebecca King Wah Ng-Tsang’s FINRA report notes several negative disclosures:
- Customer Disputes (7 reported incidents):
- Settled Disputes:
- Allegations of unsuitable investment recommendations resulting in losses concerning annuity and real estate investment trust (REIT) products. Settlements include $130,000 settled in August 2023 and $22,955.72 settled in March 2018, with no personal financial contributions from Ng-Tsang.
- Denied Disputes:
- Multiple claims of misrepresentation concerning investment risks and characteristics, specifically involving REITs and other real estate securities. These claims were consistently denied or closed without any action, with allegations being substantial but no financial restitution required from Ng-Tsang.
- Settled Disputes:
Allegations Against Rebecca Ng-Tsang
- Allegations of Unsuitability and Misrepresentation: Ng-Tsang faced several allegations regarding the suitability of her investment recommendations and the accuracy of the information she provided, particularly around annuities and REITs. These allegations often suggested that the investments were not aligned with the clients’ objectives or that the risks and terms were not fully disclosed.
- Outcomes of Allegations: While some disputes were settled, suggesting a resolution in favor of the clients, several were outright denied, indicating either a lack of evidence or a determination that Ng-Tsang’s actions were in line with industry practices and regulations at the time.
Rebecca Ng-Tsang Red Flags & Your Rights As An Investor
Of course, Rebecca Ng-Tsang did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Rebecca Ng-Tsang at Cetera Investment Services LLCon alert to review carefully the activity and performance of their accounts and question whether Rebecca Ng-Tsang has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Investment Services LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Cetera Investment Services LLC Due To Rebecca Ng-Tsang
If you have questions about Cetera Investment Services LLC and/or Rebecca Ng-Tsang and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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