Howard Hao-Chung Hsieh, Broker with Cetera Investment Services, Named in Customer Disputes Alleging Unsuitable Recommendations and Breach of Fiduciary Duty

INVESTORS: Cetera Investment Services broker Howard Hao-Chung Hsieh was named in a customer dispute alleging  unsuitable recommendations and breach of fiduciary duty.

Howard Hao-Chung Hsieh (CRD: 4947882) is registered as a broker with Cetera Investment Services, where he’s been employed since 2013. Previously, Hsieh was registered as a broker with BancWest Investment Services from 2011 until 2013.

Hsieh has seven disclosures on his BrokerCheck report. One customer dispute filed against Hsieh was denied.

June 2022 Customer Dispute

Status: Pending

Allegations: Claimant alleges they were invested in unsuitable and over concentrated in alternative investments. Claimant further alleges breach of fiduciary duty, negligence, and failure to supervise

Damage Amount Requested: $120,000.00

October 2021 Customer Dispute

Status: Pending

Allegations: Claimant alleges that their registered representative made unsuitable investment recommendations.

Damage Amount Requested: $750,000.00

September 2021 Customer Dispute

Status: Settled

Allegations: Claimants allege unsuitable investments.

Settlement Amount: $450,000.00

August 2021 Customer Dispute

Status: Settled

Allegations: Client is unhappy with the performance of her REITs

Settlement Amount: $25,000.00

July 2021 Customer Dispute

Status: Pending

Allegations: Client alleges the timeframe for the REIT investments purchased were misrepresented.

Damage Amount Requested: $5,000.00

July 2019 Customer Dispute

Status: Settled

Allegations: Clients allege breach of contract and warranties, promissory estoppel, violation of state securities statutes, violation of consumer protection statutes, and claims under common law.

Damage Amount Requested: $500,000.00

Settlement Amount: $290,000.00

The Sonn Law Group is currently investigating allegations surrounding Howard Hao-Chung Hsieh. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.