Miller Stern Lawyers – 410-Law-Firm is currently investigating for individuals who may be victims of, and suffered damages and losses, due to stock market and financial abuses such fraud, mutual fund abuses, unsuitable mutual fund investments, failure to supervise, breach of fiduciary duty, overcharging , and unauthorized trading and elder abuse, and past clients of Trevor Rahn, for, among other things, failing to conduct the necessary reasonable diligence to understand the cost implications of a recommended average pricing investment strategy and, as a result, lacked a reasonable basis to recommend the strategy to his customers..
FINRA has fined and suspended a former J.P. Morgan Securities broker in Los Angeles who was previously fired over “improper” trading and whose transactions in one elderly client’s account were highlighted in two articles in “The New York Times.”, according to FINRA documents.
Trevor Rahn CRD#: 2196155, a 26-year brokerage industry veteran, agreed to an 18-month suspension and $10,000 fine over allegations that he structured trades to generate unnecessary commissions and made a number of unauthorized trades in client accounts from January 2014 to September 2018, according to FINRA documents.