Goodman & Nekvasil P.A, May Recover Investor Losses – Nicholas Sabellico Discharged by JPMorgan Chase Bank
From 2012 until Nicholas Sabellico’s firing in 2013, Nicholas Sabellico was licensed with J.P. Morgan Securities, LLC. From 2010 to 2012 Nicholas Sabellico was licensed with Chase Investment Services Corp. Nicholas Sabellico is now licensed with Laidlaw & Company (UK) Ltd. According to FINRA’s records, Nicholas Sabellico was fired by JPMorgan Chase Bank on May 22, 2013. JPMorgan Chase Bank reported to FINRA that Nicholas Sabellico enrolled bank clients in a bank feature without their knowledge or consent in violation of bank policy.
Subsequent to Nicholas Sabellico’s firing by JPMorgan Chase Bank, FINRA reports that an arbitration claim was filed alleging the failure to adhere to basic duties when opening, administering and supervising the claimant’s brokerage accounts. This claim involving Nicholas Sabellico’s conduct with J.D. Nicholas & Associates was settled for $450,000. Nicholas Sabellico contributed $5,000 to this settlement.
If you lost any money on investments with Nicholas Sabellico while Nicholas Sabellico was employed with J.P. Morgan Securities, LLC, Chase Investment Services Corp. and/or Laidlaw & Company (UK) Ltd., you may be able to recover your losses from J.P. Morgan Securities, LLC, Chase Investment Services Corp. and/or Laidlaw & Company (UK) Ltd. This is because J.P. Morgan Securities, LLC, Chase Investment Services Corp. and Laidlaw & Company (UK) Ltd. had a duty to supervise Nicholas Sabellico.
If you lost money on investments with Nicholas Sabellico, and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against J.P. Morgan Securities, LLC, Chase Investment Services Corp. and/or Laidlaw & Company (UK) Ltd. concerning Nicholas Sabellico’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $300 million on behalf of victimized investors. If you lost money on investments with Nicholas Sabellico and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
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