Trevor Bradner Rahn of Los Angeles California a stockbroker formerly employed by J.P. Morgan Securities LLC has been identified in a customer initiated investment related written complaint on April 1, 2020 where the customer sought $125,000.00 in damages founded on accusations that a private securities transaction concerning a private placement was facilitated by Rahn outside the auspices of J.P. Morgan which caused the customer to experience losses.
Financial Industry Regulatory Authority (FINRA) Public Disclosure indicates that Rahn has been identified in four more customer initiated investment related disputes pertaining to allegations of his misconduct while employed with J.P. Morgan Securities. On November 20, 2017, a customer initiated investment related complaint pertaining to Rahn’s conduct was settled for $57,847.00 in damages supported by allegations of omissions by the stockbroker concerning the fees pertaining to liquidating the customer’s equity portfolio. The customer had allegedly been overcharged on stock transactions by Rahn during the period in which he was employed by J.P. Morgan Securities.
On June 13, 2018, a customer initiated investment related complaint in reference to Rahn’s conduct was resolved for $64,590.00 in damages based upon accusations that unauthorized closed end fund transactions were effected in the customer’s J.P. Morgan Securities account between August of 2017 and September of 2017. Rahn is also the subject of a customer initiated investment related written complaint which was resolved for $114,000.00 on February 28, 2019 based upon accusations that between 2014 and 2017, closed end funds, real estate investment trusts and over-the-counter equities transactions lacked the customer’s consent.
On October 24, 2019, another customer initiated investment related complaint involving Rahn’s conduct was settled for $549,184.00 in damages based upon allegations that trades were effected by Rahn on an excessive basis in the customer’s J.P. Morgan Securities account. According to the complaint, equity trades were effected in the customer’s account without the customer’s knowledge or permission. The complaint also alleges that margin was improperly utilized by the stockbroker which led the customer to experience losses.
Rahn was discharged by J.P. Morgan on September 17, 2018 founded on accusations that the stockbroker engaged in bad trading practices. The securities broker dealer noted the timing and size of Rahn’s orders which led to inappropriate charges in customer accounts. J.P. Morgan also indicated that Rahn mismarked customer order tickets to make it seem as though his trades were unsolicited.
