One or more investors possibly experienced losses because of securities broker Albert Chen [CRD: 5996821, Raleigh, North Carolina], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Notably, Chen worked for LPL Financial LLC from April 15, 2015 to March 24, 2020, and for Merrill Lynch from November 12, 2012 to April 16, 2015. Read the following sections to learn more about the investor allegations involving Chen.
Specifically, on November 27, 2024, a Course Management Investment Advisors LLC client filed Civil Action No. 24CV035939-910 about Albert Chen. Particularly, the client alleged that Chen breached his fiduciary duty. Supposedly, he failed to prevent a rapid loss of the client’s funds. As a result, the client allegedly experienced damages. Consequently, the client requested $25,000 in compensation from Course Management Investment Advisors LLC or Chen. Evidently, this civil suit is pending a resolution.
Also, a client of Course Management Investment Advisors LLC contested Albert Chen’s sales practices by filing Civil Action No. 24-CVS-209 on March 12, 2021. Allegedly, Chen made unsuitable recommendations and made omissions about risks of illiquid investments. It appears that Chen caused the client to sustain damages relating to banking products. So, the client seeks compensation from Course Management Investment Advisors LLC or Chen in the amount of $25,000 in this ongoing matter.
Do you need clarification on any investment losses relating to Albert Chen? You can contact Soreide Law Group at (888) 760-6552 or online and talk to a securities attorney. Soreide Law Group helps recover losses for investors throughout the country. Also, the firm takes investor cases on a contingency fee arrangement and advances all costs. Chen and brokerage firms Chen worked for deny accusations of sales practice violations.
Soreide Law Group has filed a FINRA arbitration on behalf of our clients (Claimants) against: CONCORDE INVESTMENTS SERVICES, LLC, and BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC (Respondents). The Claimants are in their late 70s, retired, and according to the lawsuit, were not looking to take any unnecessary risks with their retirement savings. The Claimants […]
THEODORE WILLIAM BYRER (THEODORE W BYRER, TED BYRER) was registered as a broker with MORGAN STANLEY of Indianapolis, Indiana, from 11/11/2013 - 04/20/2023. He was most recently registered with INTERNATIONAL ASSETS ADVISORY, INC of Westfield, Indiana, from 05/09/2023 - 09/17/2024. According to his BrokerCheck CRD report, dated 7/23/2026, THEODORE W BYRER was suspended for 14 […]
MARK LAWRENCE SULLIVAN (MARK SULLIVAN, MARK L SULLIVAN), formerly with UBS Wealth Management USA in New York City, was fined $10,000 and suspended for three months by the Financial Industry Regulatory Authority (FINRA) over allegations that he traded in customers’ accounts without the proper approval. Sullivan was previously registered both as a broker and as an […]
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