Ed Turley: Fired By Chase After Multi-Million Dollar Complaint

Public records maintained by the Financial Industry Regulatory Authority[1] (FINRA) indicate that former San Francisco-based JP Morgan Securities adviser Ed Turley was fired. Mr. Turley has received several pending customer complaints alleging tens of millions of dollars in damages, was recently discharged from his former member firm. The investor advocates at MDF Law are interested in hearing from former customers of Mr. Turley (CRD# 1872294). Call 800-767-8040 today for a consultation.

Ed Turley was Based in San Francisco

Ed Turley has spent 28 years in the securities industry and was most recently registered with JP Morgan Securities in San Francisco, California from 2009 until September 2021. His previous registrations include Lehman Brothers in New York, New York (1995-2005); CS First Boston Corporation in New York, New York (1992-1995); and Morgan Stanley & Company in New York, New York (1988-1991). He has passed six securities industry examinations and currently holds no state securities licenses.

According to his BrokerCheck report[2], he has received five pending customer complaints. It also discloses his August 2021 discharge from his position at JPMorgan in connection to allegations the firm lost confidence regarding his “adherence to firm policies and brokerage order handling requirements.”

Customer Sues Chase for $18 Million over MLPs and Foreign Deals

In July 2021 a customer alleged Ed Turley, while employed at JP Morgan Securities, exercised discretion in their account and executed unsuitable trades in equity listed products, fixed income products, foreign currencies, and master limited partnerships between 2018 and 2020. The customer is seeking $18 million in damages in the pending complaint.

In September 2020 a customer alleged Ed Turley, while employed at JP Morgan Securities, recommended unsuitable investments, exercised discretion, and recommended an unapproved outside investment. The customer is seeking $5 million in damages in the pending complaint.

In August 2020 a customer alleged Ed Turley, while employed at JP Morgan Securities, exercised discretion and made unsuitable recommendations of various products, including equities, fixed income investments, master limited partnerships, foreign currencies, and alternative assets. The customer is seeking $11.3 million in damages in the pending complaint.

In June 2020 a customer alleged that while employed at JP Morgan Securities, he made unsuitable trades, used discretion, and solicited an unauthorized private securities transaction. The customer is seeking $23 million in damages in the pending complaint.

In May 2020 a customer alleged that while employed at JP Morgan Securities, he exercised discretion and made unsuitable transactions in connection to fixed income investments, equities, foreign currencies, alternative investments, and MLPs. The customer is seeking $5 million in damages in the pending complain. Have you lost money investing with former JP Morgan Securities broker Ed Turley? You may be able to recover your losses. Call MDF Law at 800-767-8040 to consult with our attorneys for free.

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