Edward Lawrence Turley (also known as Ed Turley) of San Francisco, California, a stockbroker formerly registered with J.P. Morgan Securities LLC, is the subject of a customer initiated investment related FINRA securities arbitration claim in which the customer requested $55,615,696.00 in damages based upon allegations that Turley effected unauthorized and unsuitable transactions and made misrepresentations in connection with the recommendation and sale of fixed income products, master limited partnerships, foreign currencies, and other alternative investments when Turley was associated with J.P. Morgan Securities LLC. Financial Industry Regulatory Authority (FINRA) Arbitration No. 22-01388 (June 23, 2022).
Public Disclosure shows that Turley is referenced in nine total customer initiated investment related disputes concerning his activities while associated with securities broker dealers, including J.P. Morgan Securities LLC. On July 13, 2021, a customer filed an investment related FINRA securities arbitration claim involving Turley’s conduct in which the customer requested $18,000,000.00 based upon allegations that Turley effected unsuitable and unauthorized transactions, resulting in damages on master limited partnership interests, currencies, and stocks at J.P. Morgan Securities LLC. FINRA Arbitration No. 21-01780.
Turley is also referenced in a customer initiated investment related FINRA securities arbitration claim in which the customer requested $5,000,000.00 in damages based upon allegations that Turley made unauthorized and unsuitable transactions with regard to the recommendation and sale of foreign currency and fixed income products when Turley was associated with J.P. Morgan Securities LLC. FINRA Arbitration No. 21-03079 (December 22, 2021).
On June 13, 2022, a customer complaint involving Turley’s activities was settled for $5,000,000.00 in damages based upon allegations that Turley made unsuitable and unauthorized transactions at J.P. Morgan Securities LLC.
Turley was discharged as a stockbroker by JPMorgan Chase Bank on August 17, 2021, based on allegations of Turley failing to adhere to the firm’s policy relating to the handling of brokerage orders.
