Leo Chien, with Cetera Investment Services, Subject of Several Complaints

SAN GABRIEL, CALIFORNIA

Have you invested with Leo Chien from San Gabriel, California?  Our securities arbitration law firm is reviewing claims made by former clients of Leo Li-Yuan Chien, with Cetera Investment Services.

Mr. Chien has been a registered representative of Cetera Investment Services since 2012 in San Gabriel, California.  He has been the subject of five customer complaints, four of which have been made since 2021.  Each of these recent complaints allege that he recommended unsuitable investments in non-traded REITs, or real estate investment trusts.  Three of these cases settled for a combined $345,000, while the fourth case is still pending.

Licensed stockbrokers like Leo Li-Yuan Chien are subject to the rules of FINRA.  FINRA Rule 2111 provides that financial advisors make suitable investment recommendations to customers.  The brokerage firm and/or advisor can be liable if FINRA Rule 2111 is violated.

Our law firm represents investors throughout the country, including investors in California.  We also have previously represented investors against Cetera Investment Services.

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If you lost money with Leo Chien or Cetera Investment Services, please Contact Us at 206-795-5798 for a free evaluation of your case.