Advisor Alert: Our Attorneys Are Investigating Yong Seok Chang For Investment Fraud
Did You Lose Money Because of Yong Chang?
Filed: March 12, 2024
Yong Chang currently has three (3) pending customer complaints. Overall, he has been the subject of four (4) 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 Yong Seok Chang.
Who Is Yong Seok Chang of Independent Financial Group, LLC?
- Advisor Name: Yong Seok Chang
- Aliases: Yong Chang
- CRD: 4440739
- Location: Seattle, Washington
- Current Employer: Independent Financial Group, LLC
- Previous Firms: Prudential Financial Planning Services and Pruco Securities, LLC
- Number of Known Customer Complaints: 4
- Can Yong Chang Be Sued: Yes, in Private Arbitration
- Can Yong Chang’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $200,000
- Highest Settlement: $87,000
If you have suffered investment losses by Yong Chang, 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 Yong Chang For Broker Misconduct
As of this publication date, Yong Chang has been the subject of 4 customer disputes. Let’s review them below.
In November 2023, a FINRA arbitration was filed against or in reference to Yong Chang by a customer of Independent Financial Group, LLC alleging that the product was not suitable and was not in line with claimant’s investment objectives and risk tolerance. Per the customer, he/she lost over $45,000 because of Chang’s actions. As of this publication date, this claim remains pending.
In October 2023, a FINRA arbitration was filed against or in reference to Yong Chang by a customer of Independent Financial Group, LLC alleging that investment was not suitable, resulting in losses. Per the customer, he/she lost over $200,000 because of Chang’s actions. As of this publication date, this claim remains pending.
In February 2023, a FINRA arbitration was filed against or in reference to Yong Chang by a customer of Independent Financial Group, LLC alleging that the investment was not suitable. Per the customer, he/she lost over $25,000 because of Chang’s actions. As of this publication date, this claim remains pending.
In November 2021, a FINRA arbitration was filed against or in reference to Yong Chang by a customer of Independent Financial Group, LLC alleging that investments were not suitable and were not in line with client’s investment objectives. Per the customer, he/she lost over $150,000 because of Chang’s actions. On May 22, 2023, Chang settled the claim for $87,000, and some or all of this amount may have been paid by Chang’s employer and/or insurance carrier.
How To File A Claim Against Yong Chang of Independent Financial Group, LLC (previously with Prudential Financial Planning Services and Pruco Securities, LLC) To Get Your Money Back
If you have questions about Yong Chang, Independent Financial Group, LLC, Prudential Financial Planning Services, Pruco Securities, 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.