Multiple investor complaints against Louisville, Kentucky financial advisor Jonathan Upton (CRD# 4559794) allege that he recommended unsuitable investments. Financial Industry...
Read MoreHau Tran: $479K Complaint Against TransAmerica Advisor
El Paso financial advisor Hau Tran (CRD# 2906135) allegedly sold unsuitable investments, according to a recent investor complaint. Financial Industry Regulatory Authority records show that Mr. Tran is registered as a broker and an investment advisor with TransAmerica Financial Services, having previously been registered with World Group Securities.
Mr. Tran’s BrokerCheck report discloses multiple investor complaints. The most recent, filed in August 2024, alleges that as a representative of TransAmerica Financial Services, he sold unsuitable fixed annuity products. The pending complaint alleges damages of $479,890.37.
An earlier investor complaint, filed in 2011, alleged that as a representative of World Group Securities, he failed to repay a personal loan from a customer. The complaint alleged damages of $169,146 and was denied by the firm.
A third investor complaint, filed in 2009, alleged that as a representative of World Group Securities, he misrepresented material facts relating to an insurance policy and failed to properly manage the customer’s assets, resulting in losses. The complaint alleged damages of $20,446.22 and was denied by the firm.
According to the Financial Industry Regulatory Authority, Hau Tran holds 27 years of securities industry experience. Based in El Paso, Texas, he has been registered as a broker with TransAmerica Financial Services since 2012. His registration history includes World Group Securities (Alviso, California; 2002-2012) and WMA Securities (Duluth, Georgia; 1997-2002). His credentials include the passage of four securities industry qualifying exams: the Investment Company Products/Variable Contracts Principal Examination, or Series 26; the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Securities Industry Essentials Examination, or SIE; and the Uniform Securities Agent State Law Examination, or Series 63. He is licensed in California, Texas, and New Mexico. (Information current as of September 22, 2024.)
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.
