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Another Mexican Investor Pursues JP Morgan Securities Over Omnia/Old Mutual (Bermuda) Losses

Senior Investor’s Funds Were 100% Concentrated in Risky Offshore Investment

Our Northstar Financial Services (Bermuda) investment lawyers have filed yet another FINRA arbitration claim against J.P. Morgan Securities, LLC (JPMS) over losses suffered by a foreign national. The claimant is a nun and elderly investor from Mexico who entrusted her inheritance to the firm. 

Instead, her J.P. Morgan Securities broker unsuitably recommended the now-defunct Omnia Ltd., previously called Old Mutual (Bermuda)/Beechwood.  

The post Another Mexican Investor Pursues JP Morgan Securities Over Omnia/Old Mutual (Bermuda) Losses appeared first on Investor Lawyers Blog.

Original author: Shepherd Smith Edwards & Kantas and LLP
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