Silvestre allegedly exercised discretion in non-discretionary investment accounts, among other misconduct.
The Sonn Law Group is investigating allegations that Eric Silvestre committed misconduct. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.
Eric Silvestre (CRD#: 3171573) voluntarily resigned from JP Morgan in August of 2019 following an internal investigation into him for allegedly exercising discretion in non-discretionary investment accounts and marking those trades as unsolicited.
Also in August 2019, Silvestre was the subject of a customer dispute alleging unauthorized trading. The customer is seeking $2 million in damages. The matter is still pending. In October 2019, Silvestre was named in another customer dispute alleging unauthorized trading. The matter was settled for $47,217.54.
Silvestre was employed by JP Morgan from 2012 to 2019. He is currently employed by Western International Securities.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, J.P. Morgan Securities LLC may be liable for investment or other losses suffered by Silvestre’s customers.
Contact Us Today
The Sonn Law Group is currently investigating allegations that Eric Silvestre made unauthorized trades. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.