Boris Mihailevsky In JP Morgan Client Disputes

Clients Of JP Morgan File Disputes About Boris Mihailevsky

The Financial Industry Regulatory Authority (FINRA) is reporting new disclosures on the record of securities broker Boris Mihailevsky (CRD#: 5584758, New York, New York). The regulator shows that Mihailevsky worked for securities firms Chase Investment Services Corp (2010 to 2012) and JP Morgan Securities (2012 to present) as both securities broker and financial advisor. It appears that three investors filed disputes about Mihailevsky’s sales practices, with allegations including unsuitability and misrepresentation. Here’s more about these investor disputes, including what you could do if you experienced losses from sales practice violations.

Boris Mihailevsky's Client At JP Morgan Securities Alleges Misrepresentation

Evidently, a client of JP Morgan Securities LLC disputed Mihailevsky’s sales practices. Namely, the client alleges that in 2020, Mihailevsky misrepresented information about a mutual fund investment. Supposedly, the client experienced damages by acting on Mihailevsky’s representations. However, JP Morgan Securities denied this client’s dispute.

Mihailevsky Allegedly Makes Unsuitable Recommendations To Client

Notably, in the second dispute reported on BrokerCheck, a client of JP Morgan Securities complains about Boris Mihailevsky’s recommendations of stocks for the client's account. Supposedly, Mihailevsky gave unsuitable recommendations on an equity trade. It appears that the client experienced $23,131 in damages by following Mihailevsky’s investment advice. However, JP Morgan Securities denied this client's dispute in August 2016.

JP Morgan Securities Investor Alleges Misrepresentation Of Variable Annuity

Also, a client of JP Morgan Securities contended that Boris Mihailevsky sold a misrepresented annuity. Supposedly, the client purchased the annuity in 2014 and sustained damages. However, JP Morgan Securities denied the client’s misrepresentation allegations. This matter was withdrawn in 2015.

Losses By Investing With Boris Mihailevsky?

Evidently, securities broker Boris Mihailevsky denies allegations of sales practice violations. Have you experienced investment losses by interacting with this broker? If so, reach out to Soreide Law Group at (888) 760-6552 and speak with experienced counsel concerning a possible recovery. Soreide Law Group represents clients on a contingency fee basis and advances all costs. The law firm has recovered substantial compensation for US clients who have experienced losses from their securities brokers and financial advisors.