Did you lose money investing with former SCF Investment Advisors, Inc. broker John Nguyen (CRD# 4919629)? Nguyen has been registered with Crown Capital Securities, L.P. in Placentia, California since 2016. Previously, from 2007 to 2016, Nguyen was registered with SCF Investment Advisors, Inc. in Fresno, California.
Nguyen has been the subject of one customer complaint, according to his CRD report:
February 2021. “Over-concentration, misrepresentations, omissions, unsuitable recommendations. Dates between 04/2013 & 06/2016.” The customer is seeking $5,000,000 in damages and the case is currently pending. The complaint took place while Nguyen was registered with SCF Securities, Inc. and was regarding fixed annuities and direct investments.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, SCF Investment Advisors, Inc. may be liable for investment or other losses suffered by Nguyen’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.