Public records provided by the Financial Industry Regulatory Authority (FINRA) and accessed on March 28, 2018 indicate that former California-based MML Investors Services broker/adviser Tyrone Pang, who has received a customer dispute, was sanctioned by FINRA in connection to alleged rule violations and barred from acting as a broker or otherwise associating with a broker-dealer firm. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Mr. Pang (CRD# 5406519).
Tyrone Pang has spent seven years in the securities industry and was most recently registered with MML Investors Services in San Jose, California (2017). He was previously registered with NYLife Securities in San Francisco, California (2008-2015). He has passed two securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 25, 2009, and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on July 31, 2008. He is currently not registered with any state or firm.
According to his BrokerCheck report, Tyrone Pang has received one FINRA sanction and one customer complaint, and was discharged from a former employer in connection to alleged rule violations.
In December 2017 FINRA sanctioned him in connection to allegations he refused to appear for requested on-the-record testimony during an investigation into allegations concerning his “improper use of customer insurance premium payments.” He was indefinitely barred from acting as a broker or otherwise associating with a broker-dealer firm.
In March 2017 a customer alleged Tyrone Pang, while employed at NYLife Securities, mishandled funds for the purposes of paying insurance premiums. The complaint settled in June 2017 for more than $18,000.
In 2015 he was terminated from his position at NYLife Securities in connection to allegations he violated firm policies and procedures by accepting a customer’s check which was made payable directly to himself for the payment of a life insurance premium.
If you have lost money investing with Tyrone Pang, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.