Equitable Advisors Fires Advisor Chun Elmejjad

FALLS CHURCH, VIRGINIA     Have you invested with financial advisor Chun Elmejjad from Falls Church, Virginia? Our law firm is looking into allegations made against this advisor, who was fired by Equitable Advisors (previously known as AXA Advisors) in November 2023, according to FINRA’s BrokerCheck.

Chun Suk Elmejjad had held a securities license with the brokerage firm from 1995 to November 2023.  FINRA’s BrokerCheck reveals that she was terminated for “violating company policy by accepting a loan and an investment from a client in connection with an undisclosed and unapproved outside business activity”.  Generally, financial advisors cannot accept loans from clients, with limited exceptions.

Brokerage firms are required to have written supervisory and compliance procedures, under securities rules and regulations to supervise their advisors.  If Equitable Advisors failed to reasonably supervise Elmejjad, it may be liable for customer losses.

Our firm has represented numerous investors in FINRA Arbitration throughout Virginia and have sued dozens of brokerage firms in the past.

View BrokerCheck report here. 

If you lost money with Chun Elmejjad or Equitable Advisors, please Contact Us at 206-795-5798 for a free evaluation of your case.