Last Updated: September 2023 (Vienna, VA )
Hong A. McGill Investigation Summary
Here’s what you need to know about Vienna, Virginia, stockbroker Hong A. McGill
- Name: Mr. Hong Anh McGill
- Current Employer: Oppenheimer & Co.
- Previous Firms: Truist Investment Services, SunTrust Investment Services, Ameriprise Financial Services, Securities America, Morgan Stanley Smith Barney, CitiGroup Global Markets
- Function: Stock Broker/ Financial Advisor
- Aliases: Hong A. McGill, H.A. McGill
- Primary Location: Vienna, VA
- CRD 2075513
- Can Hong A. McGill be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Discharged by prior employer: Yes
- Highest Settlement : $20,423
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Hong A. McGill As Your Stockbroker?
In 7/2022 a customer of Truist Investment Services was paid $10,489 to resolve allegations that Hong A. McGill made a poor recommendation to invest in a short term bond product.
In 11/2000 a customer of Olde Discount Corp was paid $20,423 to resolve allegations that Hong A. McGill failed to inform the customer of adverse developments regarding a hospital bond investment.
Recently a customer of Truist Investment Services complained that Hong A. McGill caused heavy losses due to his lack of knowledge about mutual funds. The firm denied the claim as and of this date the customer has not pursued the claim further.
IN 3/2023 Truist Investment Services discharged Hong McGill alleging that he violated Truist’s policy and procedure requiring client confirmation before funds are transferred to third parties.
Allegations of Broker Misconduct Against Hong A. McGill
Customers of Hong A. McGill have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Lack of knowledge about mutual funds
- Failure to inform customer of adverse developments of an investment
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
If you have suffered investment losses in an account handled by Hong A. McGill, contact us for a complimentary consultation with an experience 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.
