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Wealthy Florida grandma reignites multimillion-dollar battle against two former JPM brokers — her grandsons

Wealthy Florida grandma reignites multimillion-dollar battle against two former JPM brokers — her grandsons
financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.

United States , Bal Harbour , Cathy Schottenstein , Evan Schottenstein , Peter Fruin , Beverley Schottenstein , Avi Schottenstein , Scott Igenfritz , Coatue Private Equity Fund , Morgan Stanley , American Eagle Outfitters , Wall Street , ஒன்றுபட்டது மாநிலங்களில் , பால் துறைமுகம் , எவன் ஸ்கொட்டென்ஸ்டீன் , பெவர்லி ஸ்கொட்டென்ஸ்டீன் , ஆவி ஸ்கொட்டென்ஸ்டீன் , கோட் ப்ரைவேட் பங்கு நிதி , மோர்கன் ஸ்டான்லி , அமெரிக்கன் கழுகு ஔட்‌ஃபிடர்ஸ் , சிட்டி குழுமம் , சுவர் தெரு ,

Finra arbitrators order J.P. Morgan, former brokers to pay $19 million

Finra arbitrators order J.P. Morgan, former brokers to pay $19 million
A retailing matriarch won the decision against her grandsons, who invested her money in complex products. J.P. Morgan and the grandsons were also found liable for elder abuse under Florida law.
February 8, 2021
2
MINS
Finra arbitrators ordered J.P. Morgan Securities Inc. and two former brokers to pay a retailing matriarch $19 million for unauthorized trading of complex products in her account transactions that were executed by her grandsons.
A three-person Financial Industry Regulatory Authority Inc. arbitration panel in Boca Raton, Florida found the firm and former brokers Evan A. Schottenstein and Avi Elliot Schottenstein liable for constructive fraud and abuse of fiduciary duty, as well as, fraudulent misrepresentations and omissions in trading done on behalf of Beverley Schottenstein, who is Evan and Avi’s grandmother, according to the Feb. 5 award. ....

United States , Boca Raton , Evan Schottenstein , Evana Schottenstein , Avi Elliot Schottenstein , Beverley Schottenstein , Avi Schottenstein , Scott Ilgenfritz , Coatue Private Equity Fund , Morgan Stanley , Financial Industry Regulatory Authority Inc , Public Investors Arbitration Bar Association , American Eagle Outfitters , Jp Morgan Securities Inc , Citigroup Global Markets Inc , Schottenstein Stores Corp , Financial Industry Regulatory Authority , American Signature Furniture , Citigroup Global Markets , Johnson Pope Bokor Ruppel , ஒன்றுபட்டது மாநிலங்களில் , போகா ரேடோந் , எவன் ஸ்கொட்டென்ஸ்டீன் , பெவர்லி ஸ்கொட்டென்ஸ்டீன் , ஆவி ஸ்கொட்டென்ஸ்டீன் , கோட் ப்ரைவேட் பங்கு நிதி ,