Advisor Alert: Our Attorneys Are Investigating Chelsea Deng For Investment Fraud

Did You Lose Money Because of Chelsea Deng?

Filed: February 15, 2024

Chelsea Deng (also known as Deng Zhongqun) currently has one (1) pending customer complaint. Overall, he has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.

Let’s begin our Patil Law Advisor Alert with a summary report on Chelsea Deng.

Who Is Chelsea Deng of Morgan Stanley?

  • Advisor Name: Chelsea Deng
  • Aliases: Deng Zhongqun
  • CRD: 4179306
  • Location: Beverly Hills, California
  • Current Employer: Morgan Stanley
  • Previous Firms: Merrill Lynch, Pierce, Fenner & Smith Incorporated
  • Number of Known Customer Complaints: 1
  • Can Chelsea Deng Be Sued: Yes, in Private Arbitration
  • Can Chelsea Deng’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $3,500,000
  • Highest Settlement: Unknown

If you have suffered investment losses by Chelsea Deng, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a portfolio mismanagement 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.

Customer Complaints Filed Against Chelsea Deng For Broker Misconduct

As of this publication date, Chelsea Deng has been the subject of 1 customer dispute. Let’s review it below.

In December 2023, a FINRA arbitration was filed against or in reference to Chelsea Deng by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging that Ms. Deng made certain misrepresentations and unsuitable investment recommendations. Per the customer, he/she lost over $3,500,000 because of Ms. Deng’s actions. As of this publication date, this claim remains pending.

How To File A Claim Against Chelsea Deng of Morgan Stanley (previously with Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back

If you have questions about Chelsea Deng, Morgan Stanley, Merrill Lynch, Pierce, Fenner & Smith Incorporated, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.