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SEC Charges New Jersey Investment Adviser, His Firm With Fraud and Other Violations
March 18, 2025
WASHINGTON, March 18 -- The Securities and Exchange Commission issued the following litigation release (No. 2:25-cv-01920; D.N.J. filed Mar. 17, 2025) involving Upright Financial Corp. and David Yow Shang Chiueh:

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Today, the Securities and Exchange Commission announced that it has filed charges against David Yow Shang Chiueh of East Hanover, New Jersey and his investment advisory firm, Upright Financial Corp., for misconduct and for investing more than 25 percent o . . .

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