Justine Zhou was terminated for unauthorized outside business activities involving a private securities transaction.
The Sonn Law Group is investigating allegations that Justine Zhou committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
Justine Zhou (Jun Zhou) (CRD#: 2825595) consented to the sanctions and the entry of findings that she participated in private securities transactions with sales of $16,050,000 and sales compensation of $199,000 without providing written notice to or receiving approval from her member firm.
The findings stated that Zhou, both individually and through a small real estate company she wholly owned and controlled, participated in the sale of membership interests in private real estate funds managed by a third party and in a promissory note with that third-party fund manager. The fund membership interests and the promissory note were securities.
In addition, Zhou formed a private real estate fund managed by Zhou’s real estate company. Zhou subsequently filed, on behalf of the fund, a notice of an exempt offering of securities with the Securities and Exchange Commission (SEC) related to transactions through which Zhou and her real estate company sold membership interests in the fund to investors, including firm customers. In connection with these transactions, Zhou’s real estate company received from the fund a sourcing fee and a quarterly asset management fee.
Zhou failed to disclose her participation in these private securities transactions in any way to the Leaders Group and did not receive approval to participate in the transactions. Based on these allegations, Zhou consented to a bar from associating with any FINRA member in any capacity.
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The Sonn Law Group is currently investigating allegations of misconduct. 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.