Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
Soreide Law Group is investigating possible investor claims against Jasmit Singh (also known as Jasmit Singh) (CRD: 6483304, New York, New York). Evidently, FINRA sanctioned the securities broker, who worked for J.P. Morgan Securities LLC. Allegedly, Singh engaged in private securities transactions and engaged in an undisclosed outside business activity. Here is a brief summary of FINRA’s allegations against Singh. However, please note that Singh denies the allegations against him.
Particularly, on January 26, 2021, FINRA issued Case: 2019064899201 sanctioning Jasmit Singh for infractions. Specifically, Singh received a $10,000 fine and a suspension as a securities broker from February to August 2021. Namely, FINRA alleged that Singh engaged in private securities transactions and engaged in an undisclosed outside business activity.
Supposedly, Singh did not inform J.P. Morgan Securities LLC about his marketing of vaping products, marketing apparel, and event promotion services via several companies that he owned. The regulator also contends that he obtained compensation for consulting services for a small business that did not have accounts with the securities broker dealer. It appears that Singh inaccurately stated to J.P. Morgan Securities LLC that he had no outside business activities to report.
In addition, FINRA says that Jasmit Singh solicited non-client investors to invest in private placement offerings via a venture capital fund. Supposedly, those investors corresponded with Singh in writing and verbally about the offerings, where Singh steered them towards investing and helped facilitate transactions. Notably, FINRA says that Singh introduced them to the venture capital fund’s general partner. Supposedly, he was compensated for his work.
Have you experienced damages by investing with Jasmit Singh? You should contact Soreide Law Group at (888) 760-6552 and speak with a securities lawyer about a possible recovery of your investment losses. Soreide Law Group, who has successfully recovered funds for many investors throughout the United States, represents investors like you on a contingency fee basis and advances all costs. Singh and brokerage firms Singh worked for deny any and all allegations of sales practice violations.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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