Trevor Rahn, Formerly of JP Morgan, Facing Allegations of Unauthorized Trading

Trevor Rahn was terminated by JP Morgan in 2018 following two settled customer disputes.

The Sonn Law Group is investigating allegations that Trevor Rahn committed misconduct. Under FINRA Rules, brokerage firms are liable for their brokers’ misconduct or negligence and investors may be able to their investment through FINRA arbitration. Contact Sonn Law Group today or call us at 866–827–3202 for a free consultation.

Trevor Rahn (CRD#: 2196155) was discharged from JP Morgan in September 2018 following allegations that he engaged in unacceptable practices relating to the timing and size of orders entered and resulting transaction charges in a client account and relating to the marking of certain orders for the account as unsolicited.

Prior to his termination, Rahn was named in two customer disputes that were settled.

November 2017 — The customer alleged that the number of transactions was unauthorized. This matter was settled for $64,590.

October 2016 — “In October 2015, the administrators of a client’s estate requested the transfer and liquidation of positions that were then transferred and sold. Later, the administrators of the estate alleged that they were not made aware of the fees for liquidating the estate account and that the fees were excessive.” This matter was settled for $57,847.

Following his termination, he faced another customer dispute.

November 2018 — The customer alleged unauthorized transactions in their account. This matter was settled for $114,000.

More recently in September 2019, Rahn was named in a customer dispute that alleged that the trading activity in their account increased dramatically and resulted in losses and significant tax obligations. The customer further alleged that Rahn engaged in a pattern of unauthorized trading and margin use in customer’s account in order to generate commissions, and resulted in losses to the customer. The customer is seeking $854,410. This matter is still pending.

Jeffrey R. Sonn is an experienced investor losses attorney. If you suffered losses because a financial professional committed acts in violation of FINRA Rules, Mr. Sonn will protect your rights and interests. Please do not hesitate to contact the Sonn Law Group today for a free review of your claim.