Investors potentially experienced sales practice violations due to securities broker Yi Guo [CRD: 6246079, New York, New York], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Yi Guo has been a registered broker with Univest Securities LLC in New York, New York, since April 21, 2016. Keep reading to find out more about the disclosures involving Yi Guo.
On January 15, 2025, the Financial Industry Regulatory Authority (FINRA) initiated an investigation into Yi Guo. The investigation was prompted after two clients filed a Statement of Claim with FINRA regarding their 2021 investment in an initial public offering (IPO). This is an ongoing investigation.
Particularly, on December 24, 2024, Univest Securities LLC clients filed FINRA Arbitration No. 24-02689 about Yi Guo. Evidently, the clients alleged that Guo made recommendations that led the clients to execute a stock purchase arrangement with BAOS. Because of this, the clients allegedly sustained damages. Therefore, the clients requested $10,000,000.00 in compensation from Univest Securities LLC or Guo. Evidently, this arbitration is pending a resolution.
An allegation of unsuitable recommendations generally means that a broker recommended investments that were not appropriate for the client based on that individual’s financial situation, investment objectives, or risk tolerance. These types of allegations often center on the broker’s failure to match the investment strategy to the client's needs.
Did you experience losses because of Yi Guo? Feel free to contact Soreide Law Group online or at (888) 760-6552 to speak with a securities attorney about a possible recovery of investment-related losses. Soreide Law Group has helped recovered losses for investors throughout the United States, takes cases on a contingency fee basis, and advances all costs. Guo and brokerage firms Guo worked for deny any allegations 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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