Were you the victim of former Truist Investment Services, Inc. broker Yu Tang (CRD# 4974432), who is accused of unsuitable investment recommendations? He has been registered with Globalink Securities, Inc. in Monrovia, California, since 2022, and with Transglobal Advisory, LLC in Clarksburg, Maryland, since 2022.
Previously, he was registered with Truist Advisory Services, Inc. in Gaithersburg, Maryland, from 2017 to 2022, and with Suntrust Advisory Services, Inc. in Gaithersburg, Maryland, from 2016 to 2017, and with Suntrust Investment Services, Inc. in Gaithersburg, Maryland, from 2013 to 2017.
Yu Tang Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
April 2023. “Client represented herself as a conservative investor and alleges that the municipal bond she purchased at the representative’s advice was unsuitable.” The customer is seeking $130,000 in damages, and the case is currently pending. The complaint was regarding municipal debt, and it took place while he was registered with Truist Investment Services, Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Truist Investment Services, Inc. may be liable for investment or other losses suffered by Yu Tang’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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