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John Luis Torres formerly with J.P. Morgan Securities LLC Has 4 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years

Who is John L. Torres formerly with J.P. Morgan Securities LLC?

John Torres (CRD #6322231) who was formerly registered with J.P. Morgan Securities LLC and located in Woodland Hills, California is a subject of one of our many securities industry sales practice abuse investigations. He was terminated by J.P. Morgan Chase Bank, NA where he worked as a representative.

John Torres is no longer permitted to serve as a securities broker. In April 2019, he was permanently barred by FINRA from association with any member firm in any capacity for failure to cooperate in an investigation FINRA was conducting into allegations of John Torres aiding and abetting a misappropriation by 3rd parties.

J.P. Morgan Securities LLC Broker Misconduct

In his career, John Torres has been the subject of 4 customer complaints that we know about, all of those complaints were filed in the last 2 years to recover investment losses. The 4 customer complaints filed against John Torres’ former employer J.P. Morgan Securities LLC for investment losses caused by his alleged misconduct are all pending.

Allegations Against John Torres

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

  • Third-party (non-customer) alleges misrepresentations and aiding and abetting of the theft of its funds entrusted to a customer of J.P. Morgan Chase.
  • Customers alleged that that they were solicited by 3rd parties to make an investment in that John Torres improperly opened a bank account in the name of the third-party business and to which the customer’s funds were deposited in that the customer funds were subsequently misappropriated by the 3rd parties who solicited the investment.

John Torres Red Flags & Your Rights As An Investor

Of course, John Torres 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 which should put all current and former customers of John Torres at J.P. Morgan Securities LLC on alert to review carefully the activity and performance of their accounts and question whether John Torres has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.P. Morgan Securities LLC also raises questions about 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 and/or John Torres 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.

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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.

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