Warning - Clients of KEVIN C YANG Formerly with Morgan Stanley of Pasadena, California

Soreide Law Group has recently been contacted by clients who were sold unsuitable structured notes by former Morgan Stanley of Pasadena, California, broker:
KEVIN C YANG (Also known as: CHIAGAN K YANG, CHIAGAN KEVIN YANG, KEVIN YANG)
According to FINRA’s BrokerCheck, throughout KEVIN C YANG’s career as a registered representative, over $20,000,000 in settlements were awarded to former clients.
On March 7, 2018, without admitting or denying the findings, KEVIN C YANG consented to the sanctions and to the entry of findings that he allegedly exercised discretion in approximately 13 accounts maintained by nine customers at his member firm. FINRA’s findings stated that allegedly Yang had not obtained prior written authorization from the clients to exercise discretion in their accounts, and his firm had not approved any of the accounts for discretionary trading.
On April 12, 2017, Yang was discharged from Morgan Stanley following allegations, according to FINRA’s BrokerCheck, “involving the representative's compliance with pre-trade client confirmation requirement in connection with certain trades in non-discretionary accounts and with firm communications.”
According to FINRA’s BrokerCheck, KEVIN C YANG has 4 Customer Disputes listed on his report. All of the disputes were settled, totaling over $20 Million, and the disputes involved, among other allegations, unsuitability and misrepresentation. The significance of Yang’s FINRA Customer Disputes is underscored in FINRA NOTICE to MEMBERS 03-49. In 2003, FINRA conducted a review of the CRD’s of all 663,000 registered representatives, only 2,751 (.41%) had been the subject of (3) or more customer complaints. In other words Yang’s customer disputes rank him in the top one-hundredth percent of all registered representatives for customer complaints. 
KEVIN C YANG has 17 years of experience in the securities industry, according to FINRA’s BrokerCheck, and Yang was listed with 5 firms. His two most recent firms are listed below:
05/14/2010 - 05/09/2017  MORGAN STANLEY - PASADENA, CA
05/04/2004 - 05/18/2010  MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED - PASADENA, CA 
If you or a loved one have suffered losses through the actions or recommendations of former Morgan Stanley of Pasadena, California, broker KEVIN C YANG, contact an experienced securities lawyer at Soreide Law Group at no cost to you for a consultation regarding the possible recovery of your investment losses through a FINRA arbitration at:  888-760-6552.
Soreide Law Group represents our clients nationwide before FINRA.  We operate on a contingency fee basis—no fee to you if no recovery.  Let our years of experience work for you.