JP Morgan Discharges Stockbroker For Customer Loan
Hayato Tamura (also known as Yato Tamura) of Orange California a stockbroker registered with J.P. Morgan Securities LLC has been discharged by the securities broker dealer on March 29, 2019 based upon accusations that (1) Tamura facilitated or otherwise recommended an unapproved loan arrangement between a customer of J.P. Morgan Securities LLC and a third party and (2) Tamura’s bad investment advice resulted in a customer sustaining losses.
FINRA Public Disclosure confirms that Tamura is referenced in two additional customer initiated investment related disputes pertaining to allegations of his misconduct when he was associated with Chase Investment Services Corp. and J.P. Morgan Securities LLC. Specifically, on December 30, 2010, a customer filed an investment related complaint regarding Tamura’s conduct where the customer sought $16,542.00 in damages supported by accusations that when Tamura was associated with Chase Investment Services Corp., he failed to abide by the customer’s instructions which led the customer to experience unwarranted losses.
Tamura is also the subject of a customer initiated investment related civil action brought in the Superior Court of the State of California in which the customer requested $213,332.00 in damages founded on allegations that between February 24, 2017 and April 21, 2017, Tamura gave the customer bad investment advice concerning unsecured debt obligations during the period in which he was employed by J.P. Morgan Securities LLC. Civil Action No. 30-2019-01047334-CU-NP-CJC (Jan. 31, 2019).