Broker Timothy Cunningham Involved In JP Morgan Client Disputes Regarding Unauthorized Trading
Investment loss recovery counsel at Soreide Law Group provides you with new information on securities broker Timothy Joseph Cunningham (CRD#: 4472387, White Plains, New York), who discloses information about investor complaints on Financial Industry Regulatory Authority (FINRA) BrokerCheck. It appears that Cunningham worked for securities firm JP Morgan Securities from 2012 to 2020. Take a look at the following summary concerning the allegations against this securities broker and how an investment loss recovery lawyer can help you recover damages from a securities broker or financial advisor that committed improper sales practices against you.
JP Morgan Securities Client Alleges Unauthorized Trading By Timothy Cunningham Concerning Mutual Funds
Evidently, a client of JP Morgan Securities filed an investment dispute on May 3, 2020. Mainly, the client alleged unauthorized trading in March 2020. Consequently, the client alleges that Cunningham caused damages in connection with the client’s investments in mutual funds. Because of this, the securities firm opted to settle this matter by virtue of payment to the client in the amount of $15,946 in damages, according to a settlement on June 22, 2020.
JP Morgan Chase Bank Discharges Cunningham For Allegedly Using Discretion To Sell Security Without Client’s Permission
Evidently, the firm terminated Timothy Cunningham as a securities broker on June 18, 2020. Mainly, the securities broker made unauthorized transactions. Cunningham claims that he did this for the client’s benefit during a time of market volatility.
Losses By Investing With Broker Timothy Cunningham?
Apparently, securities broker Timothy Cunningham denies allegations of unreasonable sales practices. Have you experienced investment losses by interacting with this broker? You could reach out to Soreide Law Group at (888) 760-6552 so you can speak with experienced counsel concerning a possible recovery. Soreide Law Group takes clients’ cases on a contingency fee basis and advances all costs. The law firm has recovered significant compensation for US clients who have experienced losses from securities brokers or financial advisors.