Advisor Alert: Our Attorneys Are Investigating Syuaching “June” Hung For Investment Fraud
Did You Lose Money Because of June Hung of Independent Financial Group (previously with Voya Financial Advisors)?
Filed: October 24, 2023
Syauching “June” Hung currently has two (2) pending customer complaints. Overall, Hung has been the subject of three (3) 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 Syauching “June” Hung.
Who Is Syauching “June” Hung of Independent Financial Group, LLC?
- Advisor Name: Syauching “June” Hung
- Aliases: June Hung
- CRD: 4752296
- Location: Diamond Bar and San Gabriel, California
- Current Employer: Independent Financial Group, LLC
- Previous Firms: Voya Financial Advisors and Legacy Advisory Services Inc.
- Number of Known Customer Complaints: 3
- Can Syauching Hung Be Sued: Yes, in Private Arbitration
- Can Syauching Hung’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $522,500
- Highest Settlement: $65,000
If you have suffered investment losses by Syauching Hung, 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 Syauching Hung For Broker Misconduct
As of this publication date, Syauching Hung has been the subject of 3 customer disputes. Let’s review them below.
In February 2023, a FINRA arbitration was filed against or in reference to June Hung by a customer of Voya Financial Advisors, Inc. alleging that Hung misrepresented the risks of investing in a real estate investment trust and that Hung made an unsuitable recommendation. There was no exact alleged damage amount but the Firm reasonably believes the damages sought exceed $5000.
In January 2023, a FINRA arbitration was filed against or in reference to June Hung by customers of Voya Financial Advisors, Inc. alleging that Hung recommended investments that were largely concentrated in illiquid, speculative, low-quality, and high commission non-traded real estate investment trusts and Business Development Companies between 2012 and 2015. Per the customers, they lost over $522,500 due to Hung’s actions.
In July 2021, a FINRA arbitration was filed against or in reference to June Hung by a customer of Voya Financial Advisors, Inc. alleging that Hung made recommendations to invest a significant portion of savings into various alternative investments. Claimant further alleges that the investments were misrepresented as 1) safe, 2) guaranteed to pay regular income, and 3) would go public after a few years resulting in substantial profits. Per the customer, he/she lost over $300,000 due to Hung’s actions. On June 7, 2022, Hung settled the claim for $65,000, and some or all of this amount may have been paid by Hung’s employer and/or insurance carrier.
How To File A Claim Against Syauching Hung of Independent Financial Group, LLC (previously with Voya Financial Advisors and Legacy Advisory Services Inc.) To Get Your Money Back.
If you have questions about Syauching Hung, Independent Financial Group, LLC, Voya Financial Advisors, Legacy 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.