Oct 27 in General discussion
Lok Kei Kelvin Wong Stock Broker Fraud Notice
If you are a victim of investment fraud from the misdeeds of Lok Kei Kelvin Wong of TD Ameritrade Investment Management, contact the financial fraud lawyers at Patil Law immediately by calling (800) 950-6553 to request a free case evaluation.
National securities fraud lawyers at Patil Law, P.C., are investigating broker Mr. Kelvin Wong (CRD #6100689), a financial advisor formerly employed at TD Ameritrade, facing allegations of unsuitable investment recommendations and customer disputes.
FINRA BrokerCheck reports broker Lok Kei Kelvin Wong has disclosed one public customer dispute, involving $200,000 in damages, with the case settled at $55,000.
If you lost money because of stockbroker Lok Kei Kelvin Wong of TD Ameritrade Investment Management, contact the top-rated investment loss attorneys at Patil Law, P.C. now at (800) 950-6553 or fill out our secure form for a no-cost confidential consultation.
Key insights about Jersey City, NJ, stockbroker Lok Kei Kelvin Wong
- Advisor Name: Lok Kei Kelvin Wong
- CRD: 6100689
- Location: Jersey City, NJ
- Current Employer: Not currently registered
- Classification: Stockbroker + Financial Advisor
- Primary Location: Jersey City, NJ
- Can Lok Kei Kelvin Wong be sued in private FINRA arbitration: Yes
- Has Mr. Wong been sanctioned by FINRA: No
- Highest Damages Allegation: $200,000
- Highest Settlement: $55,000
If you have suffered investment losses in an account handled by Mr. Wong, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Lost Money With Stockbroker Lok Kei Kelvin Wong?
A customer of Cetera Investment Services LLC has alleged that Lok Kei Kelvin Wong overconcentrated the customer's portfolio in unsuitable and illiquid alternative investments, resulting in significant losses. The claim was for $200,000, with the case resolved for a settlement of $55,000 as of January 2023 (Case #22-01278, FINRA Arbitration).
Allegations of Broker Misconduct Against Lok Kei Kelvin Wong
Customers of Lok Kei Kelvin Wong have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendations: Overconcentration in illiquid alternative investments.
- Damages: The customer sought $200,000 in compensation.
- Settlement: The case was settled for $55,000 in January 2023.
Relevant FINRA Rule
Brokers and their firms have a duty to comply with the FINRA Suitability Rule (Rule 2111), which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer, based on the customer’s investment profile.
Patil Law P.C. Will Help You Recover Your Investment Losses
If you have suffered investment losses in an account handled by Lok Kei Kelvin Wong (also known as Kelvin Wong) or have a question about the performance of your account, please contact Attorney Chetan Patil online or (800) 950-6553 for a free initial consultation.
Our cases are handled on a contingency basis. We don’t get paid unless we win for you.
1
0 comments
Lok Kei Kelvin Wong Stock Broker Fraud Notice
