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Did You Lose Money Because of John Cheang?

Filed: January 18, 2024

John Cheang 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 John Wai Cheang.

Who Is John Wai Cheang of Wells Fargo Clearing Services, LLC?

  • Advisor Name: John Wai Cheang
  • Aliases: John W Cheang
  • CRD: 2206607
  • Location: Scottsdale, Arizona
  • Current Employer: Wells Fargo Clearing Services, LLC
  • Previous Firms: Ameriprise Financial Services, LLC and First Allied Advisory Services, Inc.
  • Number of Known Customer Complaints: 1
  • Can John Cheang Be Sued: Yes, in Private Arbitration
  • Can John Cheang’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
  • Highest Damages Allegation: $20,000
  • Highest Settlement: Unknown

If you have suffered investment losses by John Cheang, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud 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 John Cheang For Broker Misconduct

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

In February 2020, a complaint was filed against or in reference to John Cheang by a customer of Cetera Advisors, LLC alleging purchase of unsuitable investment(s). Per the customer, he/she lost over $20,000 because of Mr. Cheang’s actions.

How To File A Claim Against John Cheang of Wells Fargo Clearing Services, LLC (previously with Ameriprise Financial Services, LLC and First Allied Advisory Services, Inc.) To Get Your Money Back

If you have questions about John Cheang, Wells Fargo Clearing Services, LLC, Ameriprise Financial Services, LLC, First Allied Advisory Services, Inc., 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.

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Chetan Patil

Chetan Patil is the founder and Managing Partner of the Patil Law. He brings over 15 years of extensive experience in diverse complex disputes and transactions, across the country. Mr. Patil specializes in litigations, trials, arbitrations, and appeals of complex securities, FINRA, financial and business disputes, with an emphasis in securities, financial services, and financial regulatory law.
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