Investment Losses and Complaint Review: Sam Carl Schoner, J.P. Morgan Securities, San Francisco, CA
Haselkorn & Thibaut has launched an investigation into Sam Carl Schoner (CRD# 1928356), a financial advisor based in San Francisco, CA currently registered with J.P. Morgan Securities. If you have concerns about your investments or potential losses with Mr. Schoner or his former firm, this report is designed to help you understand your legal options, red flags to watch for, and your next steps for recovery. Reach out to Haselkorn & Thibaut at 1-888-994-8066 for a free, confidential consultation. No recovery, no fee.
Who Is Sam Carl Schoner?
Table of Contents
Sam Carl Schoner is an experienced financial advisor and stockbroker registered with J.P. Morgan Securities (current) and formerly with First Republic Securities Co. and Merrill Lynch Pierce Fenner & Smith. With a primary office in San Francisco, CA, Schoner is licensed as both a registered representative and investment advisor. His career includes working with high-net-worth individuals and retail investors for over a decade.
Advisor Profile Snapshot
| Advisor Name | CRD | Broker-Dealer | Location |
|---|---|---|---|
| Sam Carl Schoner | 1928356 | J.P. Morgan Securities Former: First Republic Securities Co. |
San Francisco, CA |
Red Flags & Customer Allegations: A Complete Review
Haselkorn & Thibaut’s investigation into Sam Schoner’s record reveals key events and themes important for investors:
Past Settlements & Allegations
- In November 2024, a customer reportedly received a $750,000 settlement to resolve allegations of unsuitable investment recommendations by Sam Schoner while at First Republic Securities Co. The disputed activity was alleged to have occurred between January 2012 and September 2023. (FINRA Arbitration: 23-3420).
- In 2011, another client settlement of $180,000 was paid to resolve claims of negligence, fraud, elder abuse, and breach of fiduciary duty involving an investment in The TW Tax Advantaged Fund, LP—a private placement. (FINRA Arbitration: 10-3368).
Types of Alleged Misconduct
- Unsuitable investment advice and recommendations
- Elder financial abuse concerns
- Fraud and omission of material facts
- Breach of contract and fiduciary responsibility
- Professional negligence
It’s important to note that these settlements do not necessarily mean Mr. Schoner admitted to any wrongdoing. However, sizable settlements are a significant red flag—especially when related to elderly or vulnerable investors or to high-risk, illiquid investments.
Understanding Alternative Investments and the Risks
Many complaints against Sam Schoner relate to “alternative investments”, such as private placements, non-traded REITs, and other products that are not traditional stocks, bonds, or cash. These can be risky, illiquid, and often carry higher fees—with less regulatory oversight. If you were encouraged to invest in these products, and weren’t fully informed about the risks, you may have grounds for recourse.
Regulatory & Legal Record: What Does BrokerCheck Say?
According to the latest FINRA BrokerCheck records:
- No regulatory or SEC sanctions have been imposed on Sam Schoner.
- No reported customer complaints, criminal, or disciplinary actions beyond the private arbitration matters above.
- No bankruptcy, liens, or judgments are listed in his record.
- There are currently no class-action lawsuits or enforcement proceedings naming Mr. Schoner in open databases.
Firms’ Duty to Supervise & Suitability Rules
Brokerage firms and advisors are bound by FINRA Rules 3110, 2090, and 2111 (“suitability”). This means:
- The broker must ensure recommendations are suitable given your investment profile, risk tolerance, and goals.
- The brokerage has an active duty to supervise advisors and take action to address complaints or red flags.
Could You Have a Recovery Claim?
Even without regulatory enforcement, if you have experienced unexpected losses or questionable recommendations, especially with illiquid or alternative investments, you may be eligible to recover damages. Investors of all types—especially seniors—deserve clear, transparent advice and supervision at the highest standard. Let Haselkorn & Thibaut conduct a confidential review of your portfolio and experience at no upfront cost.
Summary Table: Sam Carl Schoner, San Francisco, CA
| Complaint / Allegation | Year | Product / Issue | Outcome |
|---|---|---|---|
| Unsuitable investment advice; breach of fiduciary duty | 2024 (activity 2012-2023) | Undisclosed Investments | $750,000 settlement (FINRA arbitration) |
| Negligence, fraud, elder abuse, misrepresentation | 2011 (activity pre-2011) | The TW Tax Advantaged Fund, LP (private placement) | $180,000 settlement (FINRA arbitration) |
Why Choose Haselkorn & Thibaut?
With over 50 years of national investment loss recovery experience, a 98% success rate, and millions recovered for clients, Haselkorn & Thibaut is a trusted advocate for investors nationwide. The firm’s “no recovery, no fee” policy means you pay nothing unless they win or recover a settlement for you.
Your Next Steps: Get Personalized Help Today
Unsure about your portfolio or concerned about Sam Carl Schoner and J.P. Morgan Securities? Don’t wait—financial losses and allegations like those outlined above can often be time-sensitive. Haselkorn & Thibaut’s experienced investment fraud attorneys are available for a risk-free, confidential, and fully complimentary consultation.
Call now: 1-888-994-8066 or visit investmentfraudlawyers.com to schedule your free case review.
Your financial future deserves trusted, expert advice—take the first step today.
