Advisor Alert: Our Attorneys Are Investigating Luong Pham For Investment Fraud
Did You Lose Money Because of Luong Pham?
Filed: March 12, 2024
Luong Pham currently has one (1) pending customer complaint. Overall, Pham has been the subject of three (3) customer complaints and one (1) termination event. 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 Luong Pham.
Who Is Luong Pham?
- Advisor Name: Luong Pham
- Aliases: Luong Pham
- CRD: 2830422
- Location: Dayton, Ohio
- Current Employer: Currently Not Registered
- Previous Firms: Cetera Advisors LLC, TCFG Wealth Management, LLC, and Wells Fargo Clearing Services, LLC
- Number of Known Customer Complaints: 3
- Number of Known Termination Events: 1
- Can Luong Pham Be Sued: Yes, in Private Arbitration
- Can Luong Pham’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $150,000
- Highest Settlement: Unknown
If you have suffered investment losses by Luong Pham, 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 Luong Pham For Broker Misconduct
As of this publication date, Luong Pham has been the subject of 3 customer disputes and 1 termination event. Let’s review them below.
In February 2023, a FINRA arbitration was filed against or in reference to Luong Pham by a customer of Wells Fargo Advisors, LLC alleging that Pham recommended unsuitable investments that resulted in losses. Per the customer, he/she lost over $150,000 because of Pham’s actions. As of this publication date, this claim remains pending.
In December 2017, FSIC terminated Luong Pham after discovering that Mr. Pham obtained certain client information from his previous employer without authorization and intended to use such information in contravention of the agreement under the Protocol for Broker Recruiting and in violation of SEC’s Regulation S-P.
In March 2015, a complaint was filed against or in reference to Luong Pham by a customer of Wells Fargo Advisors, LLC alleging that Pham transcated without client’s authorization. Per the customer, he/she lost over $60,000 because of Pham’s actions.
In October 2000, a complaint was filed against or in reference to Luong Pham by a customer of Edward Jones alleging that Pham contacted the client to discuss making some changes in her account. The client states she asked him to call her at a later time but instructed him not to make any changes. The client states Pham subsequently liquidated all of her stock holdings and purchased a corporate bond without her authorization. Per the customer, she lost over $5,000 because of Pham’s actions.
How To File A Claim Against Luong Pham (previously with Cetera Advisors LLC, TCFG Wealth Management, LLC, and Wells Fargo Clearing Services, LLC) To Get Your Money Back
If you have questions about Luong Pham, Cetera Advisors LLC, TCFG Wealth Management, LLC, Wells Fargo Clearing Services, LLC, 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.