Close Menu
Free Consultation: 888-976-6111

New REIT Complaint Against Flushing Advisor Chang Vung

Recent investor complaints against Cetera Investment Services financial advisor Chang Vung (CRD# 5347816) allege unsuitable investment recommendations and other forms of fraud. Financial Industry Regulatory Authority records show that Ms. Vung is a broker based in Flushing, New York. 

Ms. Vung’s BrokerCheck report discloses several investor complaints. The most recent, filed in May 2022, alleges that as a representative of Cetera Investment Services, she recommended unsuitable investments in real estate investment trusts (REITs). The pending complaint alleges damages of $100,000.

A second complaint, filed in August 2021, alleged that as a Cetera representative, she placed the customer in a “high risk, high expense investment” in a real estate product. The complaint sought damages of $5,000 and was denied by the firm.

A third complaint, filed in 2018, alleged that as a Cetera Investment Services representative, Ms. Vung breached contract, committed fraud, made misrepresentations of material facts, breached her fiduciary duty, and violated FINRA rules. In 2020 the complaint reached a settlement of $14,500.

According to the Financial Industry Regulatory Authority, Chang Vung holds 15 years of securities industry experience. Based in Flushing, New York, she has been a broker with Cetera Investment Services since 2007. She has no prior registrations listed on her BrokerCheck report. Her credentials include the passage of three securities industry qualifying examinations: the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. She is licensed in California, Florida, Illinois, New Jersey, New York, Pennsylvania, and Texas. (Information current as of July 13, 2022.)

Carlson Law represents investors throughout the United States in claims against financial advisors and investment firms. If you or a loved one have suffered investment losses, please call us at 888-976-6111 or complete our contact form for a free and confidential consultation.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
protected by reCAPTCHA Privacy - Terms
Latest Blog Posts
  • Robert Gleason: FINRA Suspends Former Cantella & Company Advisor

    Former Owensboro, Kentucky financial advisor Robert Gleason (CRD# 1415067) was recently suspended in connection with allegations that he recommended unsuitable...

    Read More
  • Jason Kurtz: FINRA Bars Former US Bancorp Advisor

    Former Denver financial advisor Jason Kurtz (CRD# 4958219) has been sanctioned and barred in connection with alleged rule violations. Financial Industry...

    Read More
  • Lodging Fund REIT III Settles SEC Charges

    In August 2023, the real estate investment trust Lodging Fund REIT III’s CEO and advisor paid more than $4 million...

    Read More
  • Kevin Bailey: $500K Complaint Against Charles Schwab Advisor

    Phoenix financial advisor Kevin Bailey (CRD# 1490570) recently received an investor complaint alleging that his conduct resulted in damages of...

    Read More
  • Previous
  • Next