Last Updated: May 2025
Here’s what you need to know about Pasadena, CA stockbroker Henry Chang:
- Name: Mr. Henry Chia-How Chang
- Alias: Henry Chang
- Current Employer: Laidlaw & Company (UK) Ltd.
- Prior Employers: Morgan Stanley, Citigroup Global Markets Inc., Citicorp Investment Services, WM Financial Services, Gateway Investment Services, Pruco Securities Corporation
- Function: Stockbroker / Financial Advisor
- Primary Location: Pasadena, California
- CRD #: 4049732
- Can Henry Chang be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Highest Settlement or Award: $900,000
If you’ve sustained damages from Mr. Chang, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Henry Chang As Your Stockbroker?
On August 19, 2024, FINRA sanctioned Henry Chang with an indefinite suspension after he failed to comply with an arbitration award or settlement agreement and did not satisfactorily respond to FINRA’s request for information about his compliance status (Case No. 21-01022).
A dispute filed by a customer of Morgan Stanley Smith Barney in 2020 alleging “selling away” activities led to a settlement of $900,000, of which Mr. Chang personally was ordered to pay $100,000. Apparently he did not comply leading to the FINRA suspension.
Henry Chang voluntarily resigned from Morgan Stanley Smith Barney LLC in January 2021 amid allegations relating to solicitation of outside investments and activities not approved by his firm. In his broker comment, Chang denies any wrongdoing, stating he was acting as a translator and assistant for Chinese-American clients and that he was not soliciting investments.
Allegations of Broker Misconduct Against Henry Chang
Customers of Chang have made the following allegations of wrongdoing:
Selling away-promoting investments not sanctioned by his firm
The Financial Industry Regulatory Authority (FINRA) requires brokers and brokerage firms to report customer complaints, disputes, and regulatory sanctions. Brokers must also disclose significant financial matters such as bankruptcy filings, judgments, and liens.
Recover Your Investment Losses Now With Rex Securities Law
Investigations of other Laidlaw & Co. brokers
If you have suffered investment losses in an account handled by Henry Chang, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.