Feng Luo (CRD #: 5508192), a broker registered with Transamerica Financial Advisors, has a new investor dispute on her BrokerCheck record, accessed on January 8, 2020.
On October 23, 2020, clients alleged that Feng Luo made misrepresentations and omitted facts during a sales presentation regarding unsuitable insurance products. The clients further alleged that Luo fraudulently submitted a forged application to amend the policy’s face account. An unsuitable insurance product might include something like a variable annuity, which comes with high risks and requires careful management to avoid high fees. The client is seeking $472,800; the dispute is pending.
Feng Luo has passed the Series 63 Uniform Securities Agent State Law Examination, the Securities Industry Essentials Examination, the Series 6 Investment Company Products / Variable Contracts Representative Examination, and the Series 26 Investment Company Products/ Variable Contract Principal Examination. She is a registered broker in Arizona, California, Colorado, Hawaii, Nevada, and Oregon.
During her decade of experience, Luo has registered at the following firms:
- Transamerica Financial Advisors (CRD #: 16164)
- World Group Securities (CRD #: 114473)
If Feng Luo was your broker and you have questions about your investments, don’t hesitate to contact the securities attorneys of Fitapelli Kurta. Call (877) 238-4175 or email firstname.lastname@example.org for a free case consultation with a securities attorney.