J.P. Morgan Securities LLC Broker Edward Turley Investment Loss Options
Posted on Tuesday, August 11th, 2020 at 10:05 pm
Erez Law is currently investigating J.P. Morgan Securities LLC broker Edward Turley (CRD# 1872294) regarding unsuitable investment recommendations. Turley has been registered with J.P. Morgan Securities LLC in San Francisco, California since 2009.
Turley has been the subject of three customer complaints between 1999 and 2020, one of which was denied, according to his CRD report. The most recent complaints are regarding:
June 2020. “Claimant alleges exercise of discretion, unsuitable trading and solicitation of an unauthorized private securities transaction. Activity dates 2012-2020.” The customer is seeking $23 million in damages and the case is currently pending. The complaint was regarding common and preferred stocks, fixed income investments, master limited partnerships, foreign currencies, and alternative assets.
May 2020. “Claimant alleges exercise of discretion and unsuitable trading. Activity dates between 2016 and 2020.” The customer is seeking $5 million in damages and the case is currently pending. The complaint was regarding common and preferred stocks, fixed income investments, master limited partnerships, foreign currencies, and alternative assets.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, J.P. Morgan Securities LLC may be liable for investment or other losses suffered by Turley’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.