Help Recovering Oil & Gas Investment Losses
STAMFORD, CONNECTICUT – Have you lost money with financial advisor Joseph Chu, formerly of Merrill Lynch and currently with RBC Capital Markets in Stamford, Connecticut? We are looking into allegations made against Joseph Chu, who has been the subject of six (6) customer complaints, five of which were filed within the last year. The recent complaints allege that Chu sold them oil and gas investments, which caused substantial losses. The complaints regarding the oil and gas investments were filed against Merrill Lynch and RBC Capital Markets
Joseph Chu was a registered representative of Merrill Lynch from 2002 to August 2018. Chu has also been RBC Capital Markets from August 2018 to the present. He has worked at branch offices in Greenwich and Stamford, Connecticut.
Brokerage firms like Merrill Lynch and RBC Capital Markets have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Connecticut. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Merrill Lynch and RBC Capital Markets.
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