Did You Lose Money Because of Joyce An Thomas (also known as Cho Ching An)?
Filed: October 25, 2023
Cho Ching An (also known as Joyce An Thomas) currently has one (1) pending customer complaint. Overall, she has been the subject of one (1) termination event and five (5) customer complaints. 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 Joyce An Thomas.
Who Is Joyce An Thomas of Independent Financial Group, LLC?
- Advisor Name: Joyce An Thomas
- Aliases: Cho Ching An
- CRD: 2713664
- Location: San Gabriel and Diamond Bar, California
- Current Employer: Independent Financial Group, LLC
- Previous Firms: Voya Financial Advisors, Inc. and Legacy Financial Services, Inc.
- Number of Known Customer Complaints: 5
- Number of Known Termination Events: 1
- Can Joyce Thomas Be Sued: Yes, in Private Arbitration
- Can Joyce Thomas’s Employers Be Sued For Failing to Supervise Her Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $526,800
- Highest Settlement: $225,000
If you have suffered investment losses by Joyce An Thomas, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Joyce An Thomas For Broker Misconduct
As of this publication date, Joyce Thomas has been the subject of 1 termination event and 5 customer disputes. Let’s review them below.
In January 2023, a complaint was filed against or in reference to Joyce Thomas by customers of Voya Financial Advisors, Inc. alleging that between 2012 and 2015 Ms. Thomas recommended investments that were largely concentrated in illiquid speculative, low quality, and high commission non-traded real estate investment trusts and Business Development Companies. Per the customers, they lost over $526,800 because of Ms. Thomas’s actions. As of this publication date, this claim remains pending.
In July 2021, a FINRA arbitration was filed against or in reference to Joyce Thomas by multiple customers of Voya Financial Advisors, Inc. alleging that Ms. Thomas sold unsuitable and risky alternative investments as being safe, guaranteed to pay regular income, and would generate substantial profit in a few years when the investments went public. On March 2, 2022, Ms. Thomas settled the claim for $50,000, and some or all of this amount may have been paid by Ms. Thomas’s employer and/or insurance carrier.
In July 2021, a FINRA arbitration was filed against or in reference to Joyce Thomas by multiple customers of Voya Financial Advisors, Inc. alleging that Ms. Thomas invested clients in risky alternative investments and misrepresented that the investments would generate guaranteed income and would generate significant profits in 5-6 years when the investments went public. On June 7, 2022, Ms. Thomas settled the claim for $225,000, and some or all of this amount may have been paid by Ms. Thomas’s employer and/or insurance carrier.
In June 2021, a FINRA arbitration was filed against or in reference to Joyce Thomas by multiple customers of Voya Financial Advisors, Inc. alleging that Ms. Thomas invested clients in risky alternative investments and guaranteed that the investments would generate an income stream and would generate significant profits in 5-6 years when the investments went public. On June 7, 2022, Ms. Thomas settled the claim for $125,000, and some or all of this amount may have been paid by Ms. Thomas’s employer and/or insurance carrier.
In October 2015, Voya Financial Advisors, Inc. gave Ms. Thomas permission to resign while on heightened supervision for violations of firm policy regarding use of unregistered email.
In May 2000, a complaint was filed against or in reference to Joyce Thomas by multiple customers of WMA Securities, Inc. alleging that Ms. Thomas failed to consider the customers’ risk tolerance in the sale of mutual funds in February, 2000. Per the customers, they lost over $150,966.88 because of Ms. Thomas’s actions.
How To File A Claim Against Joyce An Thomas (Cho Ching An) of Independent Financial Group, LLC (previously with Voya Financial Advisors, Inc. and Legacy Financial Services, Inc.) To Get Your Money Back.
If you have questions about Joyce An Thomas, Independent Financial Group, LLC, Voya Financial Advisors, Inc., Legacy Financial 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. Our team has recovered approximately $25 million dollars on behalf of investors who lost money due to bad advice by their broker or brokerage firm. We’d love to help you out too.
