{"id":19574,"date":"2021-02-17T12:34:46","date_gmt":"2021-02-17T18:34:46","guid":{"rendered":"https:\/\/www.investorlawyers.com\/blog\/?p=19574"},"modified":"2021-02-19T12:35:11","modified_gmt":"2021-02-19T18:35:11","slug":"jp-morgan-elder-financial-abuse-claim","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/jp-morgan-elder-financial-abuse-claim\/","title":{"rendered":"JP Morgan Securities & Two Former Brokers Ordered to Pay $19M, Found Liable for Elder Financial Abuse"},"content":{"rendered":"

Unauthorized Trading and Abuse of Fiduciary Duty By Older Investor\u2019s Grandsons\u00a0<\/span><\/h2>\n

A Financial Industry Regulatory Authority (FINRA) arbitration panel has ruled that JP Morgan Securities (JPM) and its ex-brokers, Avi Elliot Schottenstein and Evan A. Schottenstein, must pay a senior investor $19M in her investment fraud claim over losses sustained from the unauthorized trading of complex products in her brokerage account.\u00a0<\/span><\/p>\n

The claimant is Beverley Schottenstein of Bal Harbour, Florida, of the family that owns holding company Schottenstein Stores Corp. The two former JP Morgan registered representatives are her grandsons.<\/span><\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Unauthorized Trading and Abuse of Fiduciary Duty By Older Investor\u2019s Grandsons\u00a0 A Financial Industry Regulatory Authority (FINRA) arbitration panel has ruled that JP Morgan Securities (JPM) and its ex-brokers, Avi Elliot Schottenstein and Evan A. Schottenstein, must pay a senior investor $19M in her investment fraud claim over losses sustained from the unauthorized trading of […]<\/p>\n","protected":false},"author":2,"featured_media":19575,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[4522,3803],"tags":[4523,3389],"class_list":["post-19574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jp-morgan-securities","category-senior-investors","tag-elder-financial-abuse","tag-jp-morgan-securities"],"yoast_head":"\nJP Morgan Securities Ordered to Pay in Elder Financial Abuse Case<\/title>\n<meta name=\"description\" content=\"JP Morgan and ex-brokers have to pay over $19m to a Florida senior investor who suffered losses as a result of elder financial abuse.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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