J.P. Morgan Securities LLC broker John Beggans (CRD# 2736874) faces a $40 million customer complaint related to managed product investment losses. He has been registered with J.P. Morgan Securities LLC in Boston, Massachusetts, since 2008.
John Beggans Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
October 2023. “Client alleges failure to supervise. Activity dates 10.1.15 – 10.1.15.” The customer is seeking $40,000,000 in damages, and the case is currently pending. The complaint was regarding a managed product.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, J.P. Morgan Securities LLC may be liable for investment or other losses suffered by John Beggans’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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