Last Updated: September 2023 (Diamond Bar, CA )
June Hung Investigation Summary
Here’s what you need to know about Diamon Bar, CA, stockbroker Syauching ‘June’ Hung:
- Name: Ms. Syauching Hung
- Current Employer: Independent Financial Group LLC, dba JC Planning
- Previous Firms: Voya Financial Advisors, Legacy Financial Services
- Function: Stock Broker/ Financial Advisor
- Aliases: June Hung
- Primary Location: Diamond Bar, CA
- CRD 4752296
- Can June Hung be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement: $65,000
- Has Pending Customer Complaint that seeks damages of $522,500.
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With June Hung As Your Stockbroker?
In 2/2023 another customer of Voya Financial Advisors filed a FINRA arbitration seeking an unspecified amount of damages, alleging that June Hung misrepresented the risks of investing in a real estate investment trust (REIT). The customer also alleges that the recommendation was unsuitable.
In 6/2022 a customer of Voya Financial Advisors was paid $65,000 to settle a FINRA arbitration alleging that June Hung recommended the customer to invest a significant portion of savings into various alternative investments that were misrepresented as safe, guaranteed to pay regular income and would go public after a few years resulting in substantial profits.
Allegations of Broker Misconduct Against June Hung
Customers of June Hung have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation
- Triggered unnecessary capital gains tax liability
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.
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 Syauching June Hung, 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.
