Erez Law is currently investigating former Voya Financial Advisors, Inc. broker Peter Po (CRD# 3106974), who is accused of real estate securities losses. He has been registered with Emerson Equity LLC in Cupertino, California, since 2024. He was registered with Ni Advisors in Cupertino, California, from 2015 to 2024. Previously, he was registered with Voya Financial Advisors, Inc. in Cupertino, California, from 2007 to 2015, when he was terminated regarding, “representative violated several firm policies, including providing inaccurate customer assets in connection with a product transaction, use of an unapproved email address, engaging in unapproved outside business activities, and discussion of investment products through radio show appearances which were not approved by the firm.”
Peter Po Accused of Unsuitable Investment Recommendations
He has been the subject of 34 customer complaints between 2001 and 2026, one of which was denied, according to his CRD report. The most recent complaint was regarding:
August 2026. “Corporate Bonds purchased in 2018 with the issuing company subsequently filing bankruptcy. Information contained herein was taken from U5 amendment filing by representative’s previous firm.” The customer is seeking $300,000 in damages. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
May 2026. “Compensatory Damages, breach of written contract pursuant to customer agreements, breach of fiduciary duty, negligence and gross negligence, misrepresentations and omissions, violation of FINRA rules, violation of state securities acts and federal securities laws, violation of Regulation Best Interest, investment made in 2024.” The customer is seeking $2,600,000 in damages. The complaint was regarding real estate security losses while he was registered with Emerson Equity LLC.
May 2026. “Wrongful conduct, breach of fiduciary duty, breach of written contract, constructive fraud, fraud by misrepresentation and omission, violation of state and federal securities laws, FINRA rules of fair practice and NYSE rules.” The customer is seeking $229,600 in damages. The complaint was regarding direct investment losses, and it took place while he was registered with Ni Advisors.
April 2026. “Breach of contract and warranties, promissory estoppel, violations of consumer protection and deceptive trade practices act, violation of Securities statutes, breach of fiduciary duty, vicarious liability, violation of Regulation Best Interest.” The customer is seeking $100,000 in damages. The complaint was regarding direct investment losses, and it took place while he was registered with Ni Advisors.
March 2026. “Breach of Contract and warranties, promissory estoppel, consumer protection and deceptive trade practices act, violation of state securities statutes, fraud and constructive fraud, breach of fiduciary duty, negligence and gross negligence, misrepresentation/omission and negligent misrepresentation/omission, unjust enrichment, common law, statutory claims and damages.” The case is currently pending.
March 2026. “Violation of securities statutes, breach of fiduciary duty, claims under common law, vicarious liability and Violation of Regulation Best Interest.” The case is currently pending.
December 2025. “Breach of contract and warranties, promissory estoppel; consumer protection and deceptive trade practices act; violations of securities statutes; breach of fiduciary duty; vicarious liability; violation of Regulation Best Interest.” The case is currently pending. The complaint was regarding real estate security losses, and it took place while he was registered with Emerson Equity LLC.
August 2025. “Information contained herein was taken from the U5 amended filing by Voya Financial Advisors, Inc. Claimant alleged that the Representative recommended a Real Estate Investment Trust that was unsuitable, and resulted in a substantial loss. Claimant further alleged that the Representative misrepresented the risks and potential for future income and growth.” The case was settled for $18,712.35. The complaint was regarding real estate security losses, and it took place while he was registered with Voya Financial Advisors, Inc.
July 2025. “Statement of claim alleges breach of contract, breach of fiduciary duty, etc., regarding two client households purchasing corporate bonds during 2018-2020. The issuing company subsequently declared bankruptcy and proceedings are continuing.” The case is currently pending. The complaint was regarding corporate debt losses, and it took place while he was registered with Ni Advisors.
July 2025. “Claim alleged breach of contract, negligence, supervision, Reg BI violation for corporate bonds purchased 2018-2020. Issuer subsequently declared bankruptcy and is in wind-down process currently.” The case was settled for $18,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
June 2025. “Information contained herein was obtained from the U5 filing by representative’ previous firm. Claim alleges breach of contract, breach of fiduciary duty, failure to supervise, violation of Best Interest obligation for bonds purchased in 2020.” The customer is seeking $100,000 in damages. The complaint was regarding corporate debt losses, and it took place while he was registered with Ni Advisors.
May 2025. “Claim states breach of contract, breach of fiduciary duty, fraud, negligence and gross negligence, violation of Best Interest obligation for investment in corporate bonds originally invested in 2017 and renewed in 2020. The issuer declared bankruptcy and is in the process of executing a wind-down trust with intended distributions to bond holders.” The customer sought $150,000 in damages, and the case was settled for $40,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
May 2025. Information contained herein was provided by the U5 filing by reps previous firm, rep not filing firm has received any documentation other than U5 filing notification. Client purchased $200,000.00 of corporate bonds in 2021. Issuer subsequently declared bankruptcy and is in the process of executing wind-down trust with planned distributions to bondholders. Statement of claim alleges negligence and other issues.” The customer sought $200,000 in damages, and the case was settled for $50,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
March 2025. “Breach of written contract; breach of fiduciary duty; negligence and gross negligence; misrepresentations and omissions; violation of FINRA rules; violation of federal securities laws; violation of California Securities Act; violation of regulation BI; investment done in Feb. 2020.” The customer sought $50,000.01 in damages, and the case was settled for $10,000.
March 2025. “Information contained herein was taken from the U5 filing by reps previous firm. Statement of claim indicates breach of contract; breach of fiduciary duty; failure to supervise; negligence and gross negligence; violation of Best Interest Obligation. Bonds purchased during 2019-2020.” The customer sought $10,000 in damages, and the case was settled for $28,500. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
November 2024. “Breach of contract, breach of fiduciary duty, negligence and gross negligence, violation of Best Interest obligation in connection with corporate bonds purchased during 2019-2020.” The customer sought $400,000 in damages, and the case was settled for $90,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
November 2024. “Negligence, breach of fiduciary duty.” The customer sought $50,000 in damages, and the case was settled for $15,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
May 2024. “Unsuitable and misleading investment recommendations, omitted material facts, failure to conduct reasonable due diligence.” The customer sought $210,000 in damages, and the case was settled for $21,000.
May 2024. “Claim is for anticipated loss due to investment in income-producing corporate bond whose issuer declared bankruptcy. Clients investments were made during 2018-2021.” The customer sought $250,000 in damages, and the case was settled for $54,902.28. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
April 2024. “Claim is for anticipate loss due to investment in income-producing corporate bond whose issuer declared bankruptcy. Client’s investments were made during 2018-2019.” The customer sought $100,000 in damages, and the case was settled for $12,500. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
December 2023. “Statement of Claim purports REITs sold to client were in breach of fiduciary duty and negligence. These securities were transacted with the client before the representative joined Ni Advisors in August 2015.” The customer sought $135,000 in damages, and the case was settled for $29,000. The complaint was regarding real estate security losses, and it took place while he was registered with Voya Financial Advisors, Inc.
September 2023. “Clients’ claim is for anticipated loss due to issuing company declaring bankruptcy resulting in current illiquidity of holdings. Clients invested total of $180,000 during 2019-2020.” The customer sought $500,000 in damages, and the case was settled for $21,750. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
August 2023. “Allegations include breach of contract, violation of statutes, breach of fiduciary duty, claims under common law, vicarious liability relating to the bond issuing company declaring bankruptcy, causing illiquidity of the holdings until the bankruptcy is resolved. Bonds was purchased in 2021.” The customer sought $100,000 in damages, and the case was settled for $10,000.
July 2023. “Allegations are breach of contract, breach of fiduciary duty, failure to supervise, mispreresentations and omissions, violation of rules and laws relating to the bond issuing company declaring bankruptcy, causing illiquidity of the holdings until the bankruptcy is resolved. Bonds were purchasing during 2018-2021.” The customer sought $1,300,000 in damages, and the case was settled for $250,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
April 2023. “Allegations of violations of breach of fiduciary duty, negligence and negligence misrepresentation, breach of contract, failure to supervise, and negligence violation of regulation best interest in GWG L-bonds which subsequently sought reorganization through bankruptcy. Purchase occurred in 2020.” The customer sought $5,000 in damages, and the case was settled for $90,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
April 2023. “Allegations of violations of federal securities laws, violations of California securities laws California unfair, unlawful, and fraudulent business practice, breach of contract, common law fraud, breach of fiduciary duty, and negligence and gross negligence in GWG L-bonds which subsequently sought reorganization through bankruptcy. Purchase occurred in 2021.” The customer sought $5,000 in damages, and the case was settled for $51,089.41. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
March 2023. “Allegations of breach of fiduciary duty, suitability, negligence, failure to supervise regarding investment in GWG L-bonds which subsequently sought reorganization through bankruptcy. Five to seven year bond investments occurred in 2019-2021.” The customer sought $50,000 in damages, and the case was settled for $20,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
November 2022. “Statement of Claim alleges unsuitable product, negligence, misrepresentation, etc. regarding GWG L-bonds.” The customer sought $150,000 in damages, and the case was settled for $41,362. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
August 2022. “Breach of contract, violations of laws, etc. regarding sale of GWG L-Bonds to three individuals in 2018, 2019, and 2020.” The customer sought $296,460 in damages, and the case was settled for $99,447.04. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
June 2022. “Claimants allege unsuitability for recommendation of GWG bonds purchased 2018-2021.” The customer sought $399,000 in damages, and the case was settled for $150,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
June 2022. “Claimants list breach of contract, suitability, supervision, etc. in purchases of GWG bonds during 2018-2020 for two clients.” The customer sought $878,955 in damages, and the case was settled for $235,000. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
April 2022. “Client claims unsuitable recommendation. The client purchased the product during 2019-2020.” The customer sought $50,000 in damages, and the case was settled for $31,125. The complaint was regarding corporate debt losses while he was registered with Ni Advisors.
September 2021. “Per Voya’s U5 filing: Claimant alleges that between 2013 and 2015 the representative recommended an investment strategy mostly comprised of unsuitable, high-risk, illiquid alternative investments, and was misled to believe the investments were safe and low-risk.” The customer sought $99,999 in damages, and the case was settled for $62,500. The complaint was regarding real estate security losses and it took place while he was registered with Voya Financial Advisors, Inc.
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, Voya Financial Advisors, Inc. may be liable for investment or other losses suffered by Peter Po’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.
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