{"id":27754,"date":"2022-05-17T09:21:18","date_gmt":"2022-05-17T14:21:18","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=27754"},"modified":"2022-05-27T15:59:10","modified_gmt":"2022-05-27T20:59:10","slug":"cetera-investment-services-unsuitability-claims","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/","title":{"rendered":"Claimant Says Cetera Investment Services Unsuitably Recommended NorthStar Healthcare Income, Healthcare Trust, and Griffin Realty Trust"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Cetera Investment Services Broker Chang Vung Named in Six-Figure Non-Traded REIT Claim<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A self-employed New York investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against <\/span><a href=\"https:\/\/www.investorlawyers.com\/cetera-financial-group.html\"><span style=\"font-weight: 400;\">Cetera Investment Services<\/span><\/a><span style=\"font-weight: 400;\"> and its broker Chang Jen Vung. The claimant sustained losses in non-traded real estate investment trusts.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The claimant is pursuing up to $500K in damages and contends that Vung used their shared cultural affinity when recommending that he concentrate his portfolio on high commission, illiquid products. These products included Healthcare Trust Inc., <\/span><a href=\"https:\/\/www.investorlawyers.com\/griffin-realty-trust.html\"><span style=\"font-weight: 400;\">Griffin Realty Trust<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.investorlawyers.com\/northstar-healthcare-income-reit.html\"><span style=\"font-weight: 400;\">NorthStar Healthcare Income REIT<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/\"  title=\"Continue Reading Claimant Says Cetera Investment Services Unsuitably Recommended NorthStar Healthcare Income, Healthcare Trust, and Griffin Realty Trust\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cetera Investment Services Broker Chang Vung Named in Six-Figure Non-Traded REIT Claim A self-employed New York investor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim against Cetera Investment Services and its broker Chang Jen Vung. The claimant sustained losses in non-traded real estate investment trusts.\u00a0 The claimant is pursuing up to $500K in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":27755,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4109,3794],"tags":[4228,4739,2639,3339],"class_list":["post-27754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cetera","category-real-estate-investment-fraud","tag-cetera-investment-services","tag-chang-vung","tag-non-traded-reits","tag-northstar-healthcare-income"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cetera Investment Services Broker Unsuitably Recommended Non-Traded REITs<\/title>\n<meta name=\"description\" content=\"A customer of Cetera Investment Services broker Chang Vung is seeking damages after sustaining losses in various non-traded REIT products.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Cetera Investment Services Broker Unsuitably Recommended Non-Traded REITs\" \/>\n<meta name=\"twitter:description\" content=\"A customer of Cetera Investment Services broker Chang Vung is seeking damages after sustaining losses in various non-traded REIT products.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/05\/pexels-sora-shimazaki-5668858-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cetera Investment Services Broker Unsuitably Recommended Non-Traded REITs","description":"A customer of Cetera Investment Services broker Chang Vung is seeking damages after sustaining losses in various non-traded REIT products.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/","twitter_card":"summary_large_image","twitter_title":"Cetera Investment Services Broker Unsuitably Recommended Non-Traded REITs","twitter_description":"A customer of Cetera Investment Services broker Chang Vung is seeking damages after sustaining losses in various non-traded REIT products.","twitter_image":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/05\/pexels-sora-shimazaki-5668858-1.jpg","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; Kantas, LLP","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/"},"author":{"name":"Shepherd Smith Edwards &amp; Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Claimant Says Cetera Investment Services Unsuitably Recommended NorthStar Healthcare Income, Healthcare Trust, and Griffin Realty Trust","datePublished":"2022-05-17T14:21:18+00:00","dateModified":"2022-05-27T20:59:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/"},"wordCount":601,"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/05\/pexels-sora-shimazaki-5668858-1.jpg","keywords":["Cetera Investment Services","Chang Vung","Non-traded REITs","NorthStar Healthcare Income"],"articleSection":["Cetera","Real Estate Investment Fraud"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/","url":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/","name":"Cetera Investment Services Broker Unsuitably Recommended Non-Traded REITs","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/#primaryimage"},"image":{"@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/#primaryimage"},"thumbnailUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/05\/pexels-sora-shimazaki-5668858-1.jpg","datePublished":"2022-05-17T14:21:18+00:00","dateModified":"2022-05-27T20:59:10+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"A customer of Cetera Investment Services broker Chang Vung is seeking damages after sustaining losses in various non-traded REIT products.","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/#primaryimage","url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/05\/pexels-sora-shimazaki-5668858-1.jpg","contentUrl":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/05\/pexels-sora-shimazaki-5668858-1.jpg","width":640,"height":426,"caption":"A man wearing a blue shirt and a woman sitting at a desk with files and a laptop"},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/cetera-investment-services-unsuitability-claims\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Claimant Says Cetera Investment Services Unsuitably Recommended NorthStar Healthcare Income, Healthcare Trust, and Griffin Realty Trust"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards &amp; Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards &amp; Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards &amp; Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2022\/05\/pexels-sora-shimazaki-5668858-1.jpg","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-7dE","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/27754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=27754"}],"version-history":[{"count":3,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/27754\/revisions"}],"predecessor-version":[{"id":28271,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/27754\/revisions\/28271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media\/27755"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=27754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=27754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=27754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}