Close Menu
Free Consultation: 888-976-6111

New REIT Complaint Against Leo Chien, San Gabriel Broker

Cetera Investment Services advisor Leo Chien (CRD# 4169619) has received several investor complaints. Financial Industry Regulatory Authority records show that he is a broker and investment adviser based in San Gabriel, El Monte, and Alhambra, California. 

Mr. Chien’s BrokerCheck report discloses three recent investor complaints. The most recent, filed in April 2022, alleges that as a representative of Cetera Investment Services, he recommended unsuitable alternative investments involving real estate securities. The pending complaint alleges damages of $100,000.

A second complaint, filed in March 2022, similarly alleges he recommended unsuitable investments in variable annuity and real estate investment trust products. The pending complaint alleges damages between $100,000 and $500,000.

A third complaint, filed in 2021, alleges that he recommended unsuitable direct investments and real estate securities while at Cetera. The pending complaint alleges unspecified damages believed to exceed $5,000.

According to the Financial Industry Regulatory Authority, Leo Chien holds 19 years of securities industry experience. Based in San Gabriel, El Monte, and Alhambra, he has been a broker with Cetera Investment Services since 2012 and an investment advisor with Cetera Investment Advisers since 2014. His past registrations include HSBC Securities (San Gabriel, California; 2008-2012), Citigroup Global Markets (Alhambra, California; 2006-2008), Western International Securities (Pasadena, California; 2005), IFMG Securities (Purchase, New York; 2004), Bancwest Investment Services (Omaha, Nebraska; 2003-2004), and Linsco Private Ledger (Fort Mill, South Carolina; 2002-2003). His credentials include the passage of four securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the Uniform Combined State Law Examination, or Series 66; the General Securities Representative Examination, or Series 7; and the Securities Industry Essentials Examination, or SIE. He is licensed in Arizona, California, and Oregon. (Information current as of June 27, 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
  • Steve Bransburg: Gradient Advisor Fired by AllState

    Conroe, Texas financial advisor Steve Bransburg (CRD# 1003470) was recently terminated by a former member firm in connection with alleged...

    Read More
  • Leonard Suskind: UBS Advisor Received $1.5mm Complaint

    A recent, denied investor complaint against Hallandale Beach, Florida financial advisor Leonard Suskind (CRD# 1140599) alleged that his conduct resulted...

    Read More
  • Fred Hilton: $500K Complaint Against LPL Advisor

    Gainesville, Florida financial advisor Fred Hilton (CRD# 2161935) allegedly recommended unsuitable investments, according to a recent investor complaint. Financial Industry...

    Read More
  • Walter Schram: Ameriprise Advisor Lands $300K Complaint

    A recent investor complaint against Farmington Hills, Michigan financial advisor Walter Schram (CRD# 1728096) alleges that his conduct resulted in...

    Read More
  • Previous
  • Next