National investment loss lawyers KlaymanToskes is investigating broker Fred Chen (CRD# 5766069) of Emerson Equity.
According to FINRA BrokerCheck, Emerson Equity broker Fred Chen is involved in several customer complaints alleging $500,000 in collective investor damages. The complaints allege breach of fiduciary duty, negligence, and violation of the SEC’s Regulation BI. Two of the pending complaints further allege overconcentration and negligent misrepresentation.
Investors that suffered losses with broker Fred Chen are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Fred Chen of Emerson Equity is currently facing several pending customer complaints alleging $500,000 in collective investor damages. Several of the customers allege breach of fiduciary duty, negligence and negligent misrepresentation, breach of contract, overconcentration, and violation of regulation BI. Additionally, one of the complaints filed alleges violation of FINRA rules, violation of federal securities laws, violation of the California Securities Act and violation of Best Interest Obligations.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Fred Chen, or have concerns regarding your investment portfolio at Emerson Equity, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.