Jennifer W. Ling (also known as Jenifer W. Li) of New York New York a stockbroker formerly registered with Axiom Capital Management Inc. is referenced in a customer initiated investment related FINRA securities arbitration claim where the customer sought $150,000.00 in damages based upon accusations that Ling provided unsuitable recommendations concerning an alternative investment that the customer purchased when Ling was associated with Axiom Capital Management Inc. Financial Industry Regulatory Authority (FINRA) Arbitration No. 21-00586 (Mar. 17, 2021). According to the claim, the customer sustained damages on an unsuitable private placement.
FINRA Public Disclosure reveals that Ling has been identified in six additional customer initiated investment related disputes involving allegations of her harmful activities when she was associated with securities broker dealers including GPS Capital Management LLC and Axiom Capital Management. On April 21, 2017, a customer filed an investment related JAMS arbitration claim involving Ling’s activities in which the customer requested $134,250.00 in damages founded on accusations that Ling made misrepresentations to the customer regarding Aequitas Commercial Finance promissory notes. JAMS Arbitration No. 1100084734. The claim alleges negligence and fraud in regard to the promissory notes.
On February 21, 2018, another customer initiated investment related complaint involving Ling’s conduct was settled for $100,000.00 in damages supported by allegations including breach of contract and breach of fiduciary duty relating to an Aequitas Commercial Finance promissory note. The complaint alleges the misrepresentation and omission of information by the stockbroker. It also contains accusations of negligence.
Ling is also the subject of a customer initiated investment related FINRA securities arbitration claim which was resolved for $10,000.00 in damages based upon allegations including fraud and the violation of California Corporations Code regarding the customer’s investments through Ling at GPS Capital management LLC. FINRA Arbitration No. 18-02652 (Nov. 7, 2019). According to the claim, Ling breached a fiduciary duty to the customer in reference to their purchase of a promissory note that Aequitas Commercial Finance issued.
On December 18, 2019, another customer initiated investment related FINRA securities arbitration claim regarding Ling’s activities was settled for $46,500.00 in damages founded on accusations of the stockbroker failing to inform the customer about risks pertaining to their promissory note purchase. FINRA Arbitration No. 19-01823 (Dec. 18, 2019).
Ling is also referenced in a customer initiated investment related FINRA securities arbitration claim which was resolved for $100,000.00 in damages supported by allegations of breach of fiduciary duty and the violation of California securities laws relating to private placements that the customer purchased through Ling during the time that she was associated with GPS Capital Management. FINRA Arbitration No. 20-00333 (Nov. 17, 2020). The claim also contains accusations of the violation of FINRA rules by the stockbroker.
On March 2, 2021, another customer filed an investment related FINRA securities arbitration claim concerning Ling’s conduct where the customer sought $100,000.00 in damages based upon allegations of unsuitable recommendations pertaining to their alternative investment purchase through Ling at Axiom Capital Management Inc. FINRA Arbitration No. 21-00375.
Ling was registered with Axiom Capital Management between May 19, 2015 and July 26, 2017.
