Wenjinn James Chang of Rockville, Maryland, a stockbroker registered with Independent Financial Group LLC was the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim that was settled for $85,000.00 in damages based upon allegations that Chang made unsuitable recommendations and overconcentrated the customer’s account in real estate securities and alternative investments when Chang was associated with Independent Financial Group LLC. FINRA Arbitration No. 20-00474 (Feb. 11, 2020).
FINRA Public Disclosure shows that Chang is referenced in other customer initiated investment related disputes concerning Chang’s conduct while associated with securities broker dealers, including Independent Financial Group LLC. On October 15, 2018, a customer initiated investment related FINRA securities arbitration claim involving Chang’s conduct was settled for $32,500.00 in damages based upon allegations that Chang made unsuitable recommendations in connection with the sale of real estate securities when Chang was associated with Independent Financial Group LLC. FINRA Arbitration No. 18-03498.
Chang has been associated with Independent Financial Group LLC since April 10, 2012.
