Soreide Law Group is investigating possible investor claims against securities broker Edward Lawrence Turley, AKA Ed Turley [CRD#: 1872294, San Francisco, CA]. Turley worked for (1) J.P. Morgan Securities LLC from 2009-2021; (2) Lehman Brothers Inc. from 1995-2005; and CS First Boston Corporation from 1992-1995.
Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that one or more J.P. Morgan investors disputed Turley’s sales practices. Evidently, investors allege sales practice violations in these disputes, including that Turley made unsuitable and unauthorized transactions and misrepresented information. Here is a brief summary of the disclosures about Turley:
Ed Turley Allegedly Makes Unauthorized Transactions In Account Of J.P. Morgan Securities Client
Evidently, on June 23, 2022, a J.P. Morgan Securities client filed FINRA Arbitration #: 22-01388 about Ed Turley. Specifically, the client alleged that Turley made unsuitable and unauthorized transactions and misrepresented information. For this reason, the client claims that they experienced damages relating to investments in master limited partnerships, foreign currencies, and other alternative investments. Therefore, the client requested $55,615,696 in compensation from J.P. Morgan Securities or Turley. Evidently, this arbitration is pending a resolution.
Turley Allegedly Makes Unsuitable Recommendations To J.P. Morgan Securities Client
Also, a client of J.P. Morgan Securities contested Ed Turley’s sales practices by filing a complaint. Supposedly, Turley made unsuitable transactions. Allegedly, the stock transactions involving this securities broker resulted in damages for the client. Therefore, J.P. Morgan Securities opted to settle the matter on June 13, 2022, by compensating the client in the amount of $5,000,000.
J.P. Morgan Securities Client Accuses Ed Turley Of Exercising Discretion
Evidently, on December 22, 2022, a J.P. Morgan Securities client filed FINRA Arbitration #: 21-03079 about Ed Turley. Specifically, the client alleged that Turley engaged in sales practice violations in connection with his exercise of discretion. Because of this, the client purportedly sustained damages pertaining to investments in fixed income and foreign currency products. Therefore, the client requested $5,000,000 in compensation from J.P. Morgan Securities or Turley. Specifically, this arbitration is pending a resolution.
Turley Allegedly Engages In Unsuitable Trading In Account Of J.P. Morgan Securities Client
Also, a client of J.P. Morgan Securities contested Ed Turley's sales practices by filing FINRA Arbitration #: 21-01780 on July 13, 2021. Supposedly, Turley engaged in unsuitable trading. Allegedly, the foreign currencies, master limited partnerships, and equities transactions connected to this securities broker caused the client to sustain damages. Therefore, the client seeks compensatory relief from J.P. Morgan Securities or Turley in the amount of $18,000,000 in this ongoing matter.
Did J.P. Morgan Securities Broker Ed Turley Cause You To Experience Damages?
Have you experienced damages by investing with Ed Turley? If so, contact Soreide Law Group at (888) 760-6552 to speak with a securities attorney about a potential recovery of your investment damages. Soreide Law Group, who has successfully recovered money for investors throughout all 50 states, represents clients through a contingency fee arrangement and advances all costs. Turley and brokerage firms Turley associated with deny all allegations against them.