Contracts
Breach of Fiduciary Duty
Fraud
Mansoor Karamooz, Trustee for: Karamooz Family Trust dated 06/20/2001, Mansoor Karamooz MD Inc. Profit Sharing Plan, dated 01/01/1990 RST 01/01/2010, Mansoor Karamooz MD Inc. Profit Sharing Plan 01/01/2010 Talaat Trust dated 06/30/09 v. J.P. Morgan Securities, LLC
Published: Nov. 1, 2019 | Result Date: Jun. 30, 2019 | Filing Date: Mar. 27, 2017 |Case number: FINRA: 17-00791 Arbitration – $250,284
Attorneys
Claimant
Montgomery G. Griffin
(Law Offices of Montgomery G. Griffin)
Theodore S. Avery
(Law Office of Montgomery G. Griffin)
Respondent
Jason R. Lindsay
(Greenberg Traurig LLP)
Facts
Mansoor Karamooz, Claimant, filed an arbitration complaint against J.P. Morgan Securities, LLC, Respondent, in relation to Respondent's management of Claimant's financial account.
Contentions
CLAIMANT'S CONTENTIONS: Claimant requested a monetary award from Respondent.
RESPONDENT'S CONTENTIONS: Respondent denied all allegations.
Result
The arbitrator granted Claimant's request for damages in the amount of $250,283.51.
Other Information
ARBITRATORS: Richard M. Norman, presiding chairperson, Edward H. Davis, Barry A. Fisher.
#132581
For reprint rights or to order a copy of your photo:
Email
jeremy@reprintpros.com
for prices.
Direct dial: 949-702-5390