Last Updated: November 2023 (Irvine, CA)
Fred Chen Investigation Summary
Here’s what you need to know about Irvine, CA, stockbroker Fred Chen:
- Name: Mr. Fred Chen
- Current Employer: Emerson Equity LLC
- DBA: Life Insurance Company of the Southwest
- Previous Firms: Arque Capital, LPL Financial
- Function: Stock Broker/ Financial Advisor
- Aliases: None
- Primary Location: Irvine, CA
- CRD 5766069
- Can Fred Chen be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Pending Customer Dispute Seeks Damages of $100,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Fred Chen As Your Stockbroker?
A customer of Emerson Equity filed a FINRA arbitration in 12/2022 alleging that Fred Chen was negligent violated the Best Interest Rule, FINRA Rules and other causes of action. Damages of $100,000 are sought in this currently pending matter.
Allegations of Broker Misconduct Against Fred Chen
Customers of Fred Chen have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Violation The Best Interest Rule
- Misrepresentations and omissions
- Violations of FINRA Rules 2010,2020, 2110, 2111, 2114, 2310, 3010 and 3220
Firms Have a Duty to Supervise their Financial Advisors
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
See this for information on other investigations of Arque Capital brokers
See this for information on our other investigations of Emerson Equity stockbrokers.
If you have suffered investment losses in an account handled by Fred Chen, 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.
