Independent Financial Group, LLC broker John Kacheong Lee (CRD# 2948622) is accused of non-traded real estate investment trust (REIT) losses. He has been registered with Independent Financial Group, LLC in Pleasanton, California, since 2005.
John Kacheong Lee Customer Complaints
He has been the subject of 10 customer complaints between 2009 and 2025, one of which was denied, according to his CRD report. The most recent complaint was regarding:
September 2025. “(1)unsuitable investments (2) misrepresentation (3) negligence (4) breach of fiduciary duty in connection with REIT investments.” The case is currently pending. The complaint was regarding a non-traded REIT ARC Hospitality Trust.
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, Independent Financial Group, LLC may be liable for investment or other losses suffered by John Kacheong Lee’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.
"*" indicates required fields
