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Mengxuan Zhang Formerly With Cetera Investment Services Has A Customer Complaint For Alleged Broker Misconduct

Who is Mengxuan Zhang formerly with Cetera Investment Services?

Mengxuan Zhang (CRD #6548853) who was formerly registered with Cetera Investment Services and located in Pasadena, California is a subject of one of our many securities industry sales practice abuse investigations.

Mengxuan Zhang has also been the subject of a FINRA investigation for allegedly falsifying client signatures on account forms were of 3 different customers.  Without admitting or denying the allegations, Mengxuan Zhang, consented to a one-month suspension and $5, 000 fine.

Mengxuan Zhang Customer Complaint

Mengxuan Zhang has been the subject of at least one customer complaint that we know about, which was filed in the last year to recover investment losses. The allegations made in the FINRA reported customer complaint for investment losses were customers alleged they were sold an unsuitable product. The customer complaint filed against Mengxuan Zhang’s former employer Cetera Investment Services for investment losses caused by the alleged misconduct is pending as of the date of this report.

Mengxuan Zhang Red Flags & Your Rights As An Investor

Of course, Mengxuan Zhang 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 Mengxuan Zhang at Cetera Investment Services on alert to review carefully the activity and performance of their accounts and question whether Mengxuan Zhang has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Cetera Investment Services also raises questions about the brokerage firm’s 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 Cetera Investment Services Due To Mengxuan Zhang

If you have questions about Cetera Investment Services and/or Mengxuan Zhang 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.

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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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