Trevor Rahn – Financial Advisor/Broker Trevor Rahn Discharged by JP Morgan Chase Bank | Goodman & Nekvasil P.A., May Recover Investor Losses
Trevor Rahn Financial Advisor CRD #2196155
Trevor Rahn is a formerly licensed financial advisor with J.P. Morgan Securities LLC. According to Trevor Rahn’s CRD, Trevor Rahn was discharged by JPMorgan Chase Bank in September 2018. JP Morgan Chase Bank reported alleged unacceptable practices by Trevor Rahn relating to the timing and size of orders entered and resulting transaction charges in a client account and relating to the marking of certain orders for the account as unsolicited.
According to Trevor Rahn’s CRD, four customer disputes have been filed alleging sales practice violations against Trevor Rahn:
Customer Dispute 6/12/19: Customer alleges that the trading activity increased dramatically and resulted in losses and significant tax obligations. Activity dates January 2014-September 2015. Subsequent correspondence received on 06/12/2019. Customer alleges Trevor Rahn engaged in a pattern of unauthorized trading and margin use in customer’s account in order to generate commissions and resulting in losses to customer. Activity dates January 2014 – November 2015. This customer dispute is pending and seeks $854,410 in damages.
Customer Dispute 11/5/18: Customer previously alleged that the number of transactions in the account were unauthorized and that claim was settled. Subsequent correspondence received asserting additional demands related to the same account. The overall time period is 03/2014-09/2017. This customer dispute settled for $114,000.
Customer Dispute 11/13/17: Customer alleges that the number of transactions was unauthorized. Activity dates 08/2017-09/2017. This customer dispute settled for $64,590.
Customer Dispute 10/11/16: Allegations include that in October 2015, the administrators of a client’s estate requested the transfer and liquidation of positions that were then transferred and sold. Later, the administrators of the estate alleged that they were not made aware of the fees for liquidating the estate account and that the fees were excessive. This customer dispute was settled for $57,847.
If you lost money on investments with Trevor Rahn and believe 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 concerning Trevor Rahn’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 $180 million on behalf of victimized investors. If you lost money on investments with Trevor Rahn 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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