Peiffer Wolf is currently investigating claims against Trevor Rahn of J.P. Morgan and Deutsche Bank Securities for his recommendations and practices.
Trevor Rahn’s practices were exposed by the New York Times article “Caring for Aging Parents, With an Eye on the Broker Handling Their Savings”, in 2018:
“After about six months, she [the daughter of one of Trevor Rahn’s clients] learned that the account, worth roughly $1.3 million at the start of 2017, had been charged $128,000 in commissions that year — nearly 10 percent of its value, and about 10 times what many financial planners would charge to manage accounts that size. […] About five months after Ms. Dewart questioned Mr. Rahn’s handling of the account, J.P. Morgan had canceled 681 of the 1,499 transactions for 2017, crediting about $84,000 in commissions…”
According to FINRA’s BrokerCheck, Trevor Rahn was the subject of 8 disclosures, including:
Prior to J.P. Morgan and Deutsche Bank, Trevor Rahn was registered with Morgan Stanley and Merrill Lynch.
If you invested with Trevor Rahn of J.P. Morgan, contact Peiffer Wolf immediately for a FREE Consultation.
To review Trevor Rahn’s BrokerCheck report, click here:
*BrokerCheck is run by the Financial Industry Regulatory Authority, Inc. (FINRA)
Financial advisors (brokers) have a legal obligation and regulatory obligation to recommend only suitable investments that are appropriate for their individual clients. Their broker-dealer (employing brokerage firm) has a legal obligation and regulatory obligation to supervise the financial advisor’s sales practices and dealings with clients. To the extent that any of these duties are breached, the customer may be entitled to a recovery of his or her investment losses.
Based on our experience, we believe that there are more investors who have been the victims of Trevor Rahn’s alleged broker misconduct and investment fraud. If you invested with Trevor Rahn of J.P. Morgan, you should contact Peiffer Wolf immediately for a FREE Consultation.
If you believe you were a victim of investment fraud or broker misconduct, it is imperative to take action. Peiffer Wolf has represented thousands of victims, and we remain committed to fighting on behalf of investors.
Peiffer Wolf is currently investigating Trevor Rahn’s practices, as well as the products he recommended to individual investors. Concerns about possible broker misconduct and investment fraud are serious, and we are committed to fighting on behalf of investors. Contact Us Today for a FREE Consultation. 585-310-5140