| Read Time: 2 minutes | Merrill Lynch Complaints |


Amit Janak Patel with J.P. Morgan Securities, LLC Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year

Who is Amit J. Patel with J.P. Morgan Securities, LLC?

Amit Patel (CRD #6824526) who is currently registered with J.P. Morgan Securities, LLC and located in Irvine, California is a subject of one of our many securities industry sales practice abuse investigations.  

Prior to J.P. Morgan Securities, LLC, Amit Patel was associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, another investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.

J.P. Morgan Securities, LLC Broker Misconduct

In his career, Amit Patel has been the subject of 2 customer complaints that we know about, both of those complaints were made in the last year to recover investment losses. Amit Patel’s current employer J.P. Morgan Securities, LLC recently denied both complaints and the customers have not yet filed their arbitration claims.

Allegations Against Amit Patel  

A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:

  • The client alleged improper recommendations regarding the opening and investment in a managed wrap fee account.
  • The client alleged improper recommendations and advice regarding exchange-traded fund investments.

Amit Patel Red Flags & Your Rights as An Investor

Of course, Amit Patel did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags that should put all current and former customers of Amit Patelat J.P. Morgan Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Amit Patel has engaged in any stockbroker misconduct that may have caused them investment losses.

A large number of customer complaints at J.P. Morgan Securities LLC in a short period of time about Amit Patel also raises questions about its supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim to Recover Your Investment Losses At J.P. Morgan Securities LLC  

If you have questions about J.P. Morgan Securities, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Amit Patel and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

Author Photo

Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

Rate this Post

1 Star2 Stars3 Stars4 Stars5 Stars