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Alfred Chan Formerly With NI Advisors Has 3 Customer Complaints For Alleged Broker Misconduct

Who is Alfred Chan formerly with NI Advisors?

Alfred Chan (CRD #4473594) who was formerly registered with NI Advisors and located in Oakland, California is a subject of one of our many securities industry sales practice abuse investigations.

Alfred Chan Customer Complaints

Alfred Chan has been the subject of 3 customer complaints that we know about,one of those complaints were filed in the last year to recover investment losses. One of Alfred Chan’s customer complaints was denied and, to date, the customer has not taken any further action. There are currently 2 pending customer complaints filed against Alfred Chan’s former employers NI Advisors and Signator Investors Inc. for investment losses caused by the alleged misconduct.

Allegations Against Alfred Chan

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Customer alleged that Alfred Chan sold insurance that was not needed and with large surrender fees.
  • Customer alleged misrepresentations and unsuitable investment recommendations and 3 REITs.
  • Customer alleged excessive sales of insurance and unsuitable annuities.

Alfred Chan Red Flags & Your Rights As An Investor

Of course, Alfred Chan did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Alfred Chan at NI Advisors on alert to review carefully the activity and performance of their accounts and question whether Alfred Chan has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at NI Advisors also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At NI Advisors Due To Alfred Chan

If you have questions about NI Advisors and/or Alfred Chan and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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