Articles Tagged with Morgan Securities

Stoltmann Law Offices is investigating David J. Sullivan, a former broker with J.P. Morgan Securities. Sullivan recently entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA). He is accused of effecting numerous transactions in three accounts of a customer without obtaining prior written authorization from the client. This is against securities rules and regulations. For this, he was suspended from associating with any FINRA member firm in any and all capacities for a period of 15 business days and fined $5,000.

Sullivan was registered with Smith Barney, Harris Upham & Co Inc. from July 1987 until August 1988, A.G. Edwards & Sons in St. Louis, Missouri from August 1988 until January 1990, Lehman Brothers in New York, New York from January 1990 until July 1993, Smith Barney in New York from July 1993 until September 1994, Janney Montgomery Scott in Philadelphia, Pennsylvania from September 1994 until December 1997, UBS Painewebber in Weehawken, New Jersey from December 1997 until May 2002, RBC Dain Rauscher in Wellesley Hills, Massachusetts from May 2002 until October 2007, Banc of America Investment Services in Newton, Massachusetts from October 2007 until October 2009, Merrill Lynch in Newton from October 2009 until September 2011 and J.P. Morgan Securities in Boston, Massachusetts from September 2011 until January 2015. He is currently registered with Winslow, Evans & Crocker in Boston and has been since February 2015. He has two customer disputes against him, according to his FINRA BrokerCheck report.

If you invested money with David J. Sullivan, you may be able to sue his former firm, J.P. Morgan Securities, in the FINRA arbitration forum. They had a duty to reasonably supervise him while he was employed there. They may be responsible for investment losses. Please call our securities law firm in Chicago for a free consultation with an attorney.

Stoltmann Law Offices is investigating Anthony C. Gray, a former broker with Edward Jones in Baton Rouge, Louisiana. Gray was recently permanently barred from the securities industry by the Financial Industry Regulatory Authority, after allegedly stealing $138,000 from an elderly couple from 2013 until 2015. Gray allegedly told the couple to write him bank checks, which he then wrote to himself or an affiliated business he owned. He then used the funds for personal expenses. Gray was registered with Chase Investment Services in Baton Rouge, Louisiana from August 2012 until October 2012, J.P. Morgan Securities in Baton Rouge from October 2012 until May 2013 and Edward Jones in Baton Rouge from July 2013 until October 2015. He is not registered with any firm, not licensed and was permanently barred from the industry.

If you invested with Anthony C. Gray, please call our securities law firm at 312-332-4200 to speak to an attorney about your options of suing his former firm, Edward Jones, for investment losses. They may be liable for investment losses because they had a duty to reasonably supervise him while he was employed there. The call is free with no obligation. We take cases on a contingency fee basis.

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The Financial Industry Regulatory Authority (FINRA) awarded former Deutsche Bank employee Jorge Daniel Usandivaras $3 million after he blew the whistle on the bank for improper transactions. Usandivaras claimed he was fired from the bank for making reports to management about the illegal conduct he witnessed involving post-tax hedge transactions, which he prevented from occurring. Usandivaras is now with J.P. Morgan Securities.

William Gerard Stapleton entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) because of allegedly failing to provide documents and information in a timely manner related to his investigation. Stapleton also allegedly made misrepresentations to a firm customer regarding the customer’s annuity investments, while he was employed at J.P. Morgan. Stapleton was barred from associating with any FINRA member firm in any capacity.

Stapleton was registered with Merrill Lynch in El Segundo, California from May 2008 until July 2008, Morgan Stanley in Santa Ana, California from September 2008 until June 2009, Chase Investment Services in Tustin, California from May 2010 until October 2012, J.P. Morgan Securities, also in Tustin from October 2012 until November 2012, and Arque Capital in Irvine, California from December 2012 until January 2015. He has two customer disputes against him. He is not currently licensed within the industry. FINRA permanently barred him from acting as a broker or otherwise associating with firms that sell securities to the public. If you would like to sue William Gerard Stapleton, please call our law offices based in Chicago at 312-332-4200. We can help you recover your financial losses with William Gerard Stapleton, as his former firm may be liable for them for their inability to supervise him while he was employed there.

Stoltmann Law Offices is investigating Jonathan A. Francis, a former broker from Brooklyn, New York. Francis entered into a Letter of Acceptance, Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) and was barred from association with any FINRA member firm in any capacity. FINRA alleged that Francis issued unauthorized ATM cards which drew money out of the accounts of bank customers, some of whom were deceased. Subsequently, he took $210,000 in customer funds for himself.

Francis was registered with Chase Investment Services Corp. in Brooklyn, New York from April 2010 until October 2012, J.P. Morgan Securities, also in Brooklyn, from October 2012 until October 2013, and J.P. Turner & Co. in Brooklyn from October 2013 until November 2013. He is no longer licensed within the industry, and FINRA barred him from acting as a broker or otherwise associating with firms that sell securities to the public.

If you invested money with Jonathan A. Francis, and suffered losses, you may be able to recover your money by calling Stoltmann Law Offices at 312-332-4200 and speaking to an attorney. His former firm, J.P. Turner & Co. can be held liable for investment losses, as they had a duty to reasonably supervise him while he was employed there. We are securities attorneys based in Chicago, Illinois and we sue firms like J.P. Morgan to recover money for investors.

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