Mei Xia Guo (also known as Gracie Guo), of Monterey Park, CA, a stockbroker registered with Cetera Investment Services LLC, was the subject of a customer initiated investment related FINRA securities arbitration claim that was settled for $80,000.00 in damages based upon allegations that Guo made unsuitable recommendations of real estate securities when Guo was associated with Cetera Investment Services LLC. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-01992 (August 24, 2022).
FINRA Public Disclosure shows that Guo has been referenced in two other customer initiated investment related disputes concerning Guo’s conduct while associated with Cetera Investment Services LLC. On March 30, 2022, a FINRA securities arbitration claim involving Guo’s conduct was settled for $40,000.00 in damages based upon allegations that Guo made unsuitable recommendations of REITs. FINRA Arbitration No. 20-03399.
Guo is also referenced in a FINRA securities arbitration claim in which the customer requested $500,000.00 in damages based upon allegations that Guo made unsuitable investment recommendations. FINRA Arbitration No. 22-01206 (July 15, 2022). As of January 2023, that matter is still pending.
Guo was associated with Cetera Investment Advisers LLC in Schaumburg, IL, as an investment advisor from January of 2014 to February of 2017, and associated with LPL Financial LLC in Fort Mill, SC, as a stockbroker from February of 2017 to September of 2017.
Guo has been associated with Cetera Investment Advisers LLC in Monterey Park, CA, as an investment advisor representative since September 25, 2017, and associated with Cetera Investment Services LLC in Monterey Park, CA, as a stockbroker since September 25, 2017.
