Another Mexican Investor Pursues JP Morgan Securities Over Omnia/Old Mutual (Bermuda) Losses
Senior Investor’s Funds Were 100% Concentrated in Risky Offshore Investment
Our Northstar Financial Services (Bermuda) investment lawyers have filed yet another FINRA arbitration claim against J.P. Morgan Securities, LLC (JPMS) over losses suffered by a foreign national. The claimant is a nun and elderly investor from Mexico who entrusted her inheritance to the firm.
Instead, her J.P. Morgan Securities broker unsuitably recommended the now-defunct Omnia Ltd., previously called Old Mutual (Bermuda)/Beechwood.