Stoltmann Law Offices continues to investigate Paul Stanley, who was terminated from JP Morgan in their Edmond, Oklahoma branch. He allegedly aided in unlicensed securities activity and the sale of unapproved products. The recommending of outside products constitutes impermissible private securities transactions, a practice known as “selling away.” This is when brokers sell promissory notes and other investments that are not held or offered by their member firm. It is against securities laws. Clients are able to sue firms like JP Morgan on a contingency fee basis in the FINRA arbitration forum for losses sustained. Please call us today at 312-332-4200 to find out how. We are based in Chicago, Illinois and the call to us is free.
Paul Stanley was registered with Dean Witter Reynolds, Raymond James, Vision Investment Services, UVest Financial Services, UBS, Lincoln Financial Advisors, Chase Investment Services, JP Morgan in Oklahoma City, Oklahoma from October 2012 until October 2013 and Waddell & Reed in Edmond, Oklahoma from October 2013 until January 2016. Stanley has been permanently barred from the industry.
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