Miaojun Yuan Involved In Questar Investor Dispute

Sales Practice Violations Alleged In Investor Dispute About Broker Miaojun Yuan

Soreide Law Group discusses the FINRA BrokerCheck disclosures on securities broker Miaojun Yuan (CRD#: 4014807, City of Industry, California). Evidently, Yuan worked as a securities broker or financial advisor for Questar Capital Corporation from 2007 to 2019. For more information, read the following summary of disclosures as reported on BrokerCheck.

Questar Capital Corporation Client Alleges Misrepresentation Of Real Estate Security, According To FINRA Arbitration Claim About Miaojun Yuan

It seems that in July 2019, a Questar Capital Corporation client disputed Miaojun Yuan’s activities. The investor’s causes of action against the securities firm include unsuitable trading and misrepresentation. Supposedly, Yuan or the securities firm caused the client to experience damages by investing in a real estate security and fixed index life insurance product. This matter was settled on August 25, 2020, as the firm agreed to pay the client $140,000 in damages.

Yuan Allegedly Sells Unsuitable Real Estate Securities To Questar Capital Corporation Client

Specifically, a Questar Capital Corporation client expressed concerns about Miaojun Yuan’s sales practices, as BrokerCheck shows that the client lodged an investment dispute on July 12, 2019. Notably, Yuan allegedly caused the client to experience damages as a result of unsuitable trading. Notably, the client agreed to settle their allegations with Questar Capital Corporation, as the firm agreed to pay the client $21,105 in damages per a settlement on July 2, 2020.

Did You Sustain Damages Through Miaojun Yuan?

Did Miaojun Yuan cause you to experience losses? If so, touch base with Soreide Law Group at (888) 760-6552 and chat with a securities lawyer about a possible recovery of your losses. Soreide Law Group handles investor dispute cases on a contingency fee arrangement. Also, we advance all costs. The firm has recovered compensation for many investors in the US who incurred losses because of their financial advisors and securities brokers. Please note that Yuan denies the allegations of sales practice violations.