Misconduct Facing J.P. Morgan Brokers Siu Chun 

Soreide Law Group is investigating claims on behalf of investors who purchased investments through J.P. Morgan broker Siu Chun. Here are Siu Lun E. Chun’s disclosures regarding their alleged misrepresentation of investments:

January 2, 2018 Complaint Against Siu Chun

Siu Lun E. Chun (CRD#: 5665707, Flushing, New York) is a general securities representative of J.P. Morgan Securities LLC. Evidently, Siu Chun’s FINRA BrokerCheck report shows that a J.P. Morgan Securities LLC customer complained about Siu Chun’s activities. Specifically, the customer brought a complaint on January 2, 2018 alleging misrepresentation and unsuitability. Allegedly, between February 6, 2017 and February 10, 2017, Siu Chun misrepresented facts about the mutual funds sold to the customer. Secondly, Siu Chun made unsuitable mutual fund trades in the J.P. Morgan Securities customer’s investment account. According to the customer, Siu Chun’s alleged misrepresentations and unsuitable trades caused the customer to incur investment losses. Because of this, J.P. Morgan Securities LLC agreed to pay the customer $55,568.00 in damages. Accordingly, the matter was settled on March 19, 2018. Apparently, J.P. Morgan disaffiliated with Siu Chun on October 10, 2018.

J.P. Morgan Securities LLC Discloses Hundreds Of Regulatory Actions And Arbitrations

J.P. Morgan Securities LLC (New York, New York) is a brokerage firm regulated by FINRA (CRD#: 1763) and an investment advisor registered with the Securities and Exchange Commission (SEC#: 79). As of January 2019, the firm has disclosed 330 regulatory events on FINRA BrokerCheck. Principally, those events consist of a regulatory authority’s proceeding against J.P. Morgan Securities LLC for alleged investment-related regulations or rules violations.
Plus, J.P. Morgan Securities reported 132 customer-initiated, investment related arbitration awards against the firm. In most of those cases, customers were paid damages after J.P. Morgan was determined to be liable for, inter alia, misrepresentation, suitability, negligence, breach of fiduciary duty and breach of contract. Many more J.P. Morgan securities LLC customers have filed investment disputes against the firm and its brokers. Furthermore, J.P. Morgan has even terminated brokers for misconduct in the securities industry.

Have you suffered losses by investing with J.P. Morgan Securities, LLC broker Siu Lun E. Chun? If so, call (888) 760-6552 for a free consultation with Soreide Law Group’s experienced counsel. Our firm has recovered millions of dollars for investors who have been victim to broker and brokerage firm misconduct. We represent clients on a contingency fee basis and advance all costs.