Jeffry Neal Carel, of Edmond, Oklahoma, a stockbroker formerly registered with J.P. Morgan Securities LLC, is the subject of a customer initiated investment related complaint filed on February 7, 2024, in which the customer requested $40,000.00 in damages based upon allegations that Carel made unsuitable investment recommendations when Carel was associated with J.P. Morgan Securities LLC.
This is not the first time that Carel has been referenced in a customer initiated investment related dispute concerning Carel’s conduct in the securities industry. Financial Industry Regulatory Authority (FINRA) Public Disclosure shows that Carel was also referenced in a customer initiated investment related complaint that was settled on November 4, 2011, for $19,577.51 in damages based upon allegations that Carel failed to follow instructions regarding managed account investments during the time that Carel was associated with Chase Investment Services Corp.
Carel was also referenced in a customer initiated investment related FINRA securities arbitration claim that was settled for $35,000.00 in damages based upon allegations that Carel executed an incorrect order to sell stocks in the customer’s account when Carel was associated with J.P. Morgan Securities LLC. FINRA Arbitration No. 20-02642 (August 27, 2021).
Carel was associated with J.P. Morgan Securities LLC in Edmond, Oklahoma from October 1, 2012, to October 25, 2023, as a stockbroker and investment advisor representative. Carel has been associated with Wells Fargo Clearing Services LLC in Oklahoma City, Oklahoma since October 12, 2023, as a stockbroker and investment advisor representative.
