Last Updated: September 2023 (Diamond Bar, CA )
Joyce An Thomas Investigation Summary
Here’s what you need to know about Diamond Bar, CA, stockbroker Joyce An Thomas:
- Name: Ms. Joyce An Thomas
- Current Employer: Independent Financial Group dba JTW Financial Services
- Previous Firms: Voya Financial Advisors, Legacy Financial Services, ING Financial Partners
- Function: Stock Broker/ Financial Advisor
- Aliases: Cho Ching An
- Primary Location: Diamond Bar, CA
- CRD 2713664
- Can Joyce An Thomas be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Terminated by prior employer: Yes
- Highest Settlement : $225,000
- Pending Customer Dispute Seeks Damages of $526,800
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Joyce An Thomas As Your Stockbroker?
Three customers of Voya Financial Advisors brought claims for damages alleging that Joyce An Thomas sold them risky and unsuitable alternative investments. The three customers were paid settlements cumulatively totaling $400,000.
In 1/2023 a customer of Voya Financial Advisors filed a FINRA arbitration alleging that Joyce An Thomas recommended illiquid speculative, low quality and high commission not traded REITs and Business Development Companies. The customer seeks $526,800 in this currently pending matter.
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against Joyce An Thomas
Customers of Joyce An Thomas have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to purchase alternative investments
- Overconcentrated accounts with illiquid, speculative, low quality and high commission alternative investments.
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 Joyce An Thomas, 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.
