Arthur Nicholas Karabelas of Boston Massachusetts a stockbroker formerly employed by J.P. Morgan Securities LLC is referenced in a customer initiated investment related arbitration claim which settled for $75,000.00 in damages supported by allegations that Karabelas made inappropriate investment recommendations to the customer concerning master limited partnerships because those investments failed to conform to the customer’s objectives of investing in low-risk income-generating products. Financial Industry Regulatory Authority (FINRA) Arbitration No. 15-02491 (Dec. 12, 2016).

FINRA Public Disclosure additionally confirms that on April 16, 2008, a customer filed an investment related complaint concerning Karabelas’ activities in which the customer sought unspecified damages based upon accusations that while Karabelas was associated with Merrill Lynch, Pierce, Fenner & Smith Incorporated, transactions were executed in the customer’s account that were unsuitable for the customer; misrepresentations were made concerning investments; and there were violations of Massachusetts General Laws committed by the firm regarding the auction rate securities transactions effected in the customer’s account.

Karabelas’ registration with J.P. Morgan Securities LLC has been terminated as of November 10, 2017.

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Guiliano Law Firm

Our practice is limited to the representation of investors. Over the last three decades, we have recovered more than a hundred millions of dollars for more than 1,000 injured investors from all over the United States and several foreign countries. We accept representation purely on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a confidential consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.

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