Investors potentially experienced sales practice violations by securities broker Alex Ng (also known as Alex King) [CRD: 5842211, New York, New York], according to public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ng worked for National Securities Corporation from December 20, 2010, to June 1, 2022, and has been registered with PHX Financial Inc. since May 27, 2022. Investors should continue reviewing the information below to find out more about disclosures involving Ng that have been reported through FINRA.
Evidently, on September 4, 2025, a PHX Financial Inc. client filed FINRA Arbitration No. 25-01852 about Alex Ng. Primarily, the client alleged that Ng made unsuitable recommendations by reallocating portfolio holdings after an account transfer. For this reason, the client allegedly experienced damages associated with stocks. As a result, the client requested $500,000 in compensation from PHX Financial Inc. or Ng. It appears that this arbitration is pending a resolution.
Also, a client of PHX Financial Inc. contested Ng’s sales practices by filing FINRA Arbitration No. 25-00598 on March 28, 2025. Allegedly, Ng made misrepresentations and was negligent, while also breaching his fiduciary duty. It appears that Ng allegedly caused the client to sustain damages relating to stocks and private equity investments. Consequently, the client seeks compensation from PHX Financial Inc. or Ng in the amount between $500,000 and $1,000,000 in this ongoing matter.
Are you concerned regarding investments you made through Alex Ng? Contact Soreide Law Group online or at (888) 760-6552 and consult with a securities lawyer regarding a potential recovery of your investment losses. Soreide Law Group has recovered losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Ng and brokerage firms Ng worked for deny accusations of sales practice violations.
ROBERT SCOTT SMITH (ROBERT S SMITH) is currently registered as a broker with EMERSON EQUITY LLC of Newberg, Oregon, since 4/3/2020. He was previously registered as a broker with CONCORDE INVESTMENT SERVICES LLC of Newberg, Oregon, 05/06/2011 - 04/06/2020. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, ROBERT S SMITH has 39 […]
MARILEE ANN HILL (MARILEE A HILL, MARILEE ANN HANSEN) has been registered as a broker with EMERSON EQUITY LLC of San Mateo, California, since 3/26/2020. She was previously registered with PRIMEX of Christiansted, St. Croix, VI, from 10/13/2014 - 04/20/2020. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, MARILEE A HILL has […]
Investors potentially experienced sales practice violations by securities broker Nicholas Thomas Stafford IV (also known as Nicholas Lance and Lance Stafford) [CRD: 2900449, Atlanta, Georgia], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Stafford worked for Bridge Capital Associates Inc. from January 10, 2020, to March 3, 2022, Emerson Equity […]
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