Last Updated: September 2023 (Cupertino, CA )
Peter Po Investigation Summary
Here’s what you need to know about Cupertino, CA, stockbroker Peter Po:
- Name: Mr. Peter T. Po
- Current Employer: NI Advisors dba Peter Po Insurance Services
- Previous Firms: Voya Financial Advisors, MetLife Securities
- Function: Stock Broker/ Financial Advisor
- Aliases: Tinchu Peter Po
- Primary Location: Cupertino, CA
- CRD 3106974
- Can Peter Po be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Discharged by prior employer: Yes
- Highest Settlement or Award: $62,500
- Numerous Pending Customer Disputes Seeking Total Damages in Excess of $3.5 million
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Peter Po As Your Stockbroker?
Peter Po discloses 5 prior customer settlements and 9 pending customer complaints.
In 10/2021 a customer of Voya Financial Advisors was paid $62,500 to resolve allegations that between 2013-2015 Peter Po misrepresented illiquid alternate investments as being low risk and suitable.
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.
In 7/2022 a customer of NI Advisors was paid $31,125 to resolve allegations that Peter Po made unsuitable recommendations related to the sale of asset backed debt.
There are nine pending customer complaints brought by customers of NI Advisors who are seeking recovery for losses in GWG L-bonds. The customers are seeking more than $3.5 million for losses on these GWG Holdings products.
How to Recover Losses on GWG L-Bonds
Other Investigations Involving GWG L-Bonds
Allegations of Broker Misconduct Against Peter Po
Customers of Peter Po have alleged the following wrongdoing in connection with the handling of customer accounts:
- Misrepresented alternative investments as being low risk, safe and suitable
- Misrepresented GWG L-Bonds as being suitable
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 Peter Po, 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.
