Edward Turley, JP Morgan Advisor, Fired after Customer Lawsuits
According to the Financial Industry Regulatory Authority (FINRA), JP Morgan Securities has reportedly dismissed broker Edward Turley (CRD#: 1872294) of San Francisco, California after five pending customer complaints were reportedly filed against him between May 2020 and July 2021. The complaints, which allege “exercise of discretion and unsuitable trading, and solicitation of an unauthorized private securities transaction” among others, are seeking more than $62 million in damages, according to FINRA.
JP Morgan reportedly discharged Turley on September 16 for “loss of confidence concerning adherence to firm policies and brokerage order handling requirements.”
The White Law Group is investigating potential securities fraud claims regarding the liability that Edward Turley’s employers may have for failure to properly supervise him.
When brokers violate securities laws, such as making unauthorized transactions or unsuitable investments, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration. Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.
The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois.
We represent investors in FINRA arbitration claims in all 50 states including California. Our attorneys have recovered millions of dollars from many brokerage firms in the past.
If you are concerned about your investments with Edward Turley, please call the securities fraud attorneys at The White Law Group at 888-637-5510 for a free consultation.
For more information on The White Law Group, and its representation of investors, please visit www.WhiteSecuritiesLaw.com.