Cathy Wu Investigation
May 2022-Arcadia, CA
The FINRA records of Ping Shuang Cathy Wu , a broker with Cetera Investment Services, disclose 2 pending customer disputes.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In November of 2021, FINRA case#21-02484 was filed by a Cetera Investment Services customer alleging unsuitable investment recommendations in real estate securities which resulted in losses. The alleged damages are $330,000 and the case is still pending.
In May of 2021, FINRA case #21-01251 was filed by a Cetera Investment Services customer alleging that Wu recommended unsuitable investments, also in real estate securities. The alleged damages are $75,000 and the case is pending.
Wu has been with Cetera Investment Services since September of 2013. Before that time, she was registered with UBS Financial Services and UBS International, Inc.
If you have losses in an account handled by Ping Shuang Cathy Wu, call for a no charge consultation to discuss your options for recovery of damages.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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