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Peter Kyung Hoon Rhee Investors: Broker Receives Nearly $800,000 in Customer Complaints

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Updated on: January 3, 2023

Contact KlaymanToskes to Discuss Your Peter Kyung Hoon Rhee Investment Loss Recovery Options

National investment fraud lawyers KlaymanToskes is investigating Peter Kyung Hoon Rhee (CRD# 2326728) after the Cetera Advisors LLC broker and investment advisor received three customer complaints alleging investor damages of nearly $800,000.

According to Peter Kyung Hoon Rhee’s FINRA Brokercheck Report, the following list contains a summary of customer complaints against the broker:

  1. Customer alleges unsuitable investments and causes of action of suitability, breach of contract, misrepresentation, failure to supervise, and breach of contract
    • (Pending, Alleged Damages $300,000)
  2. Customer alleges unsuitable investment, breach of fiduciary duty, negligent supervision, and negligence
    • (Pending, Alleged Damages $50,000)
  3. Customer alleges unsuitable investment of alternative products
    • (Requested $420,000 – Settled for $30,000)

If you suffered investment losses due to the mismanagement of your accounts by Peter Kyung Hoon Rhee at Cetera Advisors LLC, First Allied Securities, Inc., or Investment Planners, LLC, you are encouraged to contact attorney Lawrence L. Klayman at (888) 997-9956 or lklayman@klaymantoskes.com to discuss your recovery options.

Who is Peter Kyung Hoon Rhee?

Peter Kyung Hoon Rhee is currently registered with Cetera Advisors LLC. He was previously registered with First Allied Securities, Inc. from 2015 to September 2022 in Frankfort, IL. He was also previously registered at Investment Planners, Inc., at which the alleged misconduct took place. Rhee has 20 years of securities industry experience and holds eight state licenses. He has passed three state securities law examinations and three general industry/product examinations.

Cetera Advisors LLC Broker Alert:

Brokercheck is a free tool provided by FINRA that can help investors research the disciplinary history of their broker and brokerage firm, as well as investment advisory firms and their advisors. The following list of brokers and investment advisors, currently and previously associated with Cetera Advisors LLC, have notable disclosures according to FINRA Brokercheck.

  • Richard Michael Vincent – (CRD# 1609726)
    • Previously registered with Cetera Advisors, from 2016 to 2017 in Almeda, CA
    • 2 disclosures; one complaint settled in favor of the investor for $275,000
  • Marty Kuper – (CRD# 2633725)
    • Currently registered with Cetera Advisors, since 2016 in New York, NY
    • 3 disclosures; 2 complaints settled in favor of investors for $75,000 and $72,000
  • Ivan Cid Gonzalez – (CRD# 2598229)
    • Currently registered with Cetera Advisors, since 2016 in Glendale, CA
    • 3 disclosures; one regulatory complaint, sanctions of one month suspension and fine of $7,925
  • Joseph Allan Marshall – (CRD# 1023070)
    • Currently registered with Cetera Advisors, since 2016 in Fall River, MA
    • 3 disclosures; one complaint settled in favor of the investor for $9,114.29; one employment separation with allegations of violations of company policies and procedures
  • James Joseph Gibson – (CRD# 1420473)
    • Currently registered with Cetera Advisors, since 2017 in Yardley, PA
    • 1 disclosure settled in favor of the investor for $150,000

How Can I Recover My Losses?

KlaymanToskes can help you determine if your investment loss may be due to unsuitable investment advice or broker misconduct. Depending on your circumstances, you may be entitled to recover losses through FINRA arbitration. Contact investment loss attorney Lawrence L. Klayman today to discuss your legal options at (888) 997-9956 or lklayman@klaymantoskes.com.

About KlaymanToskes

KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration and litigation on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.

Contact

KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com