Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on June 21, 2016 indicate that California-based TransAmerica Financial Advisors broker/adviser Zheng Qu is the subject of pending customer complaints. The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Qu (CRD# 5301314).
Zheng Qu has spent eight years in the securities industry and has been registered with TransAmerica Financial Services in San Diego, California since 2012. He was previously registered with World Group Securities in San Diego, California (2007-2012). He is a registered broker and investment adviser with six US states: California, Illinois, Maryland, New Jersey, New York, and Virginia.
According to his BrokerCheck report, Zheng Qu has received one pending customer complaint and one denied customer complaint.
In May 2016, a pair of customers alleged Zheng Qu, while employed at Transamerica Financial Advisors, did not disclose the merits and risks of a variable annuity investment, copied and pasted their signatures onto applications, and forged their initials on account disclosures. The customers are seeking damages exceeding $98,200 in the pending complaint.
In February 2016, a customer alleged Zheng Qu, while employed at Transamerica Financial Advisors, did not properly disclose fees and costs associated with a variable annuity. The customer sought damages exceeding $5,000 in the complaint, which was denied.
If you or someone you know has a complaint regarding Zheng Qu, call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. You may be able to recover lost funds. Fitapelli Kurta accepts all cases on contingency: we only get paid if and when you collect money. You may have a limited window to file your complaint, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.