Woong Seong Hwang of New York New York is a stockbroker formerly registered with Merrill Lynch who has been fired on July 11, 2017 based upon allegations that Hwang failed to furnish information about a customer that was accurate during the period in which the customer’s account had been established with Merrill Lynch.
Financial Industry Regulatory Authority (FINRA) Public Disclosure reveals that Hwang has been identified in two customer initiated investment related disputes pertaining to accusations of Hwang’s improper conduct during the period that he was associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated.
Specifically, on September 22, 2011, a customer initiated investment related complaint involving Hwang’s conduct was settled for $26,812.25 in damages founded on accusations that Hwang failed to inform the customer that the NJ State student loan bonds he solicited could be called at par at any point, and that the municipal debt transactions would not have been accepted by the customer if he was informed in that regard.
On February 22, 2017, another customer initiated investment related written complaint involving Hwang’s conduct was settled for $300,000.00 in damages supported by allegations of misrepresentation and omission concerning the customer’s December 2016 insurance transactions.
Since August 9, 2017, Hwang has been associated with Snowden Account Services LLC.
The information contained herein has been obtained from reliable sources however may not be accurate and is not guaranteed by us. Readers are encouraged to undertake their own independent investigation and evaluation of the relevant facts. All claims and allegations are subject to adjudication, decisions may be subject to appeal, and no inference is intended, nor should any inference be made from any information contained herein from any source.
This posting and the information on our website is for general information purposes only. This content should be not considered legal advice, and any responses, comments, e-mails, other communications do not form any attorney client relationship. Attorney Advertisement. See Important Disclaimer
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
For more information concerning common claims against stockbrokers and investment professionals, please visit us at securitiesarbitrations.com
To learn more about FINRA Securities Arbitration, and the legal process, please visit us at securitiesarbitrations.com
