DID LUIS ALBERTO GRULLON CAUSE YOU INVESTMENT LOSSES?
Luis Grullon Of J.P. Morgan Securities LLC Has A Customer Complaint For Alleged Broker Misconduct
About Luis Grullon of J.P. Morgan Securities LLC?
Luis Grullon (CRD #6015508) ) is currently affiliated with J.P. Morgan Securities LLC in New York, NY, a position he has held since October 2012. Despite a broad registration across 18 U.S. states and territories, Grullon’s career is tainted by a serious customer dispute that was settled. He has passed three general industry/product exams and two multi-state securities law exams, suggesting competence in basic industry knowledge and state regulations. However, the absence of any principal/supervisory exams could be seen as a limitation in his qualifications, particularly concerning oversight roles.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Luis Grullon Customer Complaint and Reviews
- Customer Dispute (Settled)
- Date Complaint Received: September 27, 2023
- Allegations: The customer alleged unauthorized trading concerning managed account investments, which occurred between September 14, 2023, and September 27, 2023.
- Settlement Amount: $17,254.09
- Outcome: The dispute was quickly settled on October 10, 2023, with Grullon making no personal financial contribution to the settlement. The rapid settlement of this dispute, although resolving the complaint, raises questions about the oversight and authorization protocols employed in his practice.
Allegations Against Luis Grullon
Luis A. Grullon faced allegations of unauthorized trading, a serious claim that undermines trust and questions his adherence to client authorization protocols. Such actions can lead to significant client dissatisfaction and financial losses, impacting the advisor-client relationship. The resolution of the complaint through a monetary settlement further complicates the perception of his professional integrity, even though the settlement involved no admission of wrongdoing.
Luis Grullon Red Flags & Your Rights As An Investor
Of course, Luis Grullon did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Luis Grullon at J.P. Morgan Securities LLC on alert to review carefully the activity and performance of their accounts and question whether Luis Grullon has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.P. Morgan Securities LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At J.P. Morgan Securities LLC Due To Luis Grullon
If you have questions about J.P. Morgan Securities LLC and/or Luis Grullon and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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