Jenna Kang Barred, Faces Equitable Advisors Client Disputes

Broker Jenna Kang (Equitable Advisors) Barred By FINRA, Accused Of Unauthorized Transactions By Investors

Soreide Law Group is investigating bringing potential investor disputes against securities broker Jenna Kang (“Jihye Kang”) (CRD#: 6334679, Los Angeles, CA). Notably, FINRA barred Kang in October 2020 because she allegedly failed to comply with an investigation. Not only that, but it appears that nine investors disputed Kang’s sales practices at AXA Advisors LLC, where Kang worked from September 2016 to April 2020. Let’s dive into some of these disclosures.

FINRA Bars Jenna Kang For Noncooperation In Investigation About Alleged Forgery

Evidently, Jenna Kang agreed to be indefinitely barred as a securities broker to resolve FINRA’s allegations that she failed to comply with investigators. Specifically, FINRA asked for her information and documents relating to allegations of her placing client signatures on documents. It seems that AXA Advisors made FINRA aware of this allegation, as this was the basis of her termination. AXA Advisors alleges that Kang admitted to signing clients’ names on product account applications. Still, Kang refused to cooperate with FINRA’s requests.

Equitable Advisors Client Alleges Unauthentic Signatures On Mutual Fund Documents

Evidently, a client of Equitable Advisors disputed Jenna Kang’s sales practices. The client alleges they did not sign the account application relating to mutual fund investments. Supposedly, someone forged the client's signature. It seems that Equitable Advisors settled this matter with the client in August 2020.

Jenna Kang Allegedly Engages In Unauthorized Transaction At Equitable Advisors

In the second most recent dispute on BrokerCheck, a client alleges unauthorized transactions. The June 2020 complaint alleges that Jenna Kang submitted an account application without the client’s authorization. For this reason, Equitable Advisors settled this matter.

Prior Disputes Allege Similar Allegations About Kang

In an earlier June 2020 dispute about Jenna Kang, a client alleges an unauthorized retirement account application. And at least two May 2020 disputes allege that Kang opened accounts without providing full disclosure to the clients. Moreover, an April 2020 dispute alleges that Kang created a retirement account without the client’s knowledge or permission. The securities firm settled these April-May disputes.

Did You Lose Money By Investing Through Jenna Kang?

Did Jenna Kang cause you to incur investment losses? If so, call Soreide Law Group at (888) 760-6552 and speak with an experienced securities lawyer about a potential recovery. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The firm has recovered compensation for hundreds of United States investors who experienced damages from their financial advisors or securities brokers. Please note that Kang denies all allegations of her sales practice violations.