National investment loss lawyers KlaymanToskes is investigating broker Juan Hua Liang a/k/a Joyce Liang (CRD# 6860076) of NI Advisors.
According to FINRA BrokerCheck, Juan Hua Liang a/k/a Joyce Liang of NI Advisors has been hit with a $1 million customer complaint alleging breach of fiduciary duty and breach of contract related to the sale of GWG Holdings L Bonds. The complaint was settled in favor of the investors for $225,000.
In April 2022, GWG Holdings, Inc. filed for bankruptcy, suspending their monthly dividends and leaving investors without access to their principal. Most recently, on January 29, 2024, financials were filed with the bankruptcy court by the GWG Wind Down Trustee which confirmed that L bondholders will only receive a small fraction of their investments from the bankruptcy.
Accordingly, it is in bondholders’ best legal interest to maximize their recovery of losses by filing FINRA arbitration claims against the brokerage firms and financial advisors who sold these unsuitable products, such as NI Advisors.
Investors that suffered losses with broker Juan Hua Liang a/k/a Joyce Liang 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.
Juan Hua Liang, also known as Joyce Liang, is a financial advisor registered with NI Advisors in Daly City, CA. According to FINRA BrokerCheck, Liang was recently involved in a customer complaint seeking $1,000,000 in damages in connection with unsuitable recommendations to invest in GWG L Bonds. The complaint was settled in favor of the investors for $225,000. A separate customer complaint filed against Liang concluded with a settlement of $19,910.41 on March 29, 2024. This claim also addressed investments in GWG Holdings L Bonds.
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 Juan Hua Liang a/k/a Joyce Liang, or have concerns regarding your investment portfolio at NI Advisors, 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.