10.0David P Neuman
(720) 599-3505

Warning: JENNY FENG of TransAmerica Financial SUSPENDED

SEARCH OUR BLOGS
16
Feb

Warning: JENNY FENG of TransAmerica Financial SUSPENDED

Posted by admin | 0 Comment
Warning: JENNY FENG of TransAmerica Financial SUSPENDED

COLUMBIA, MD

Have you lost money with financial advisor Jenny Xinfang Feng from Columbia, Maryland?  We are looking into allegations made by FINRA (the Financial Industry Regulatory Authority) against Jenny Feng. FINRA suspended Feng from the securities industry for 6 months and fined her $7,500.  Feng was being investigated regarding allegations she pretended to be an 87-year-old customer’s daughter on a phone call, the purpose of which was to change the customer’s beneficiaries on her variable annuity.  Feng, who was not related to the customer, had herself named as a 25% beneficiary of the annuity.

Jenny Xinfang Feng was a registered representative and financial advisor with TransAmerica Financial Advisors from June 2014 to August 2020.  She worked out of a branch office in Columbia, Maryland.  Feng was also terminated by TransAmerica Financial Advisors.

Broker-dealers like TransAmerica Financial Advisors have a responsibility to adequately supervise all representatives who are registered through their firm, including investments sold by their registered representatives.  Broker-dealers also must take steps to ensure that their financial advisors follow all securities rules and regulations.  When broker-dealers 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 Maryland.  Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against TransAmerica Financial Advisors.

If you lost money with Jenny Feng or TransAmerica Financial Advisors, and want to hear about ALL legal options, CONTACT ISRAELS & NEUMAN at 720-599-3505.

Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.
10.0David P Neuman

FREE CASE EVALUATION

DENVER: (720) 599-3505

SEATTLE: (206) 795-5798


Copyright © 2021 Israels Neuman, PLC. All Rights Reserved | Sitemap