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Investor Alleges Mandy Woo Failed to Follow Instructions

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
December 19, 2022 at 10:38pm

Mandy Woo (CRD #: 4179009), a broker registered with Ameriprise Financial Services, allegedly failed to follow an investor’s instructions, according to her BrokerCheck record, accessed on December 7, 2022. If you have questions about her alleged conduct as a broker, read on.

Investor Dispute

On September 17, 2022, an investor alleged that Mandy Woo failed to follow instructions to shift the client’s portfolio into more conservative investments in February 2022. The client sought $230,000 in damages but the firm denied the dispute.

Investors should be aware, however, that firms don’t need to allow an outside review before denying a dispute. Investors may be able to recover their funds by pursuing FINRA arbitration following a denial.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Mandy Woo has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Mandy Woo is a registered broker in 19 states and a registered investment adviser in California, Illinois, Nevada, and Texas.

She previously worked for IDS Life Insurance Company (CRD#:6321) and Pruco Securities (CRD#:5685).

Kurta Law Can Help

If you worked with Mandy Woo and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf. 

 

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