JP Morgan recently reported financial earnings and it seems like a distant memory that in December 2015, JP Morgan paid a $267 million fine to the SEC.
The SEC Press Release refers to improper disclosures to customers as well as improper efforts by employees of JP Morgan to steer customer investments into proprietary mutual funds and other investments where JP Morgan earned or received additional fees and revenue streams. If you were a customer of JP Morgan between 2010 and 2015, whether or not you have experienced losses in your accounts, you may wish to closely review and analyze the nature of your relationship and closely scrutinize the recommendations along with the fees and charges in your investment accounts.
Official JP Morgan Investment Loss Investigation
The Investment litigation team has filed a claim on behalf of former JP Morgan clients. The allegations seek to recoup damages for our clients based on improper or self-interested recommendations which may have involved improper fees and other charges to those clients by JP Morgan. Our office continues to investigate the full magnitude of these matters and how they may have directly impacted current and previous JP Morgan customer accounts. If you have any information relating to these or similar issues, please contact our office.
In addition, if you were a customer of JP Morgan or any affiliated business including JP Morgan Private Bank between 2010 and 2015 and you have questions about your investment accounts we are here for You, the Investor. Please contact the Investment Litigation team to schedule a free consultation or to discuss your concerns in more detail with an experienced attorney. Call 1-800-856-3352 to learn more. We do not earn a fee unless we obtain a financial recovery for you.