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Broker Misconduct Investigation: Dale Self (J.P. Morgan Securities)

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Updated on: August 5, 2024

National investment loss lawyers KlaymanToskes is investigating investment advisor Dale Self (CRD# 2782162) of J.P. Morgan Securities and Maia Wealth, who has been suspended from acting as a broker by the Financial Industry Regulatory Authority (“FINRA”), following allegations that, in anticipation of joining an investment advisory firm, he improperly removed and retained customer nonpublic personal information without his member firm’s or the customers’ consent and in contravention of the firm’s procedures. 

According to FINRA BrokerCheck, investment advisor Dale Self was previously registered as a broker with J.P. Morgan Securities from 2012 to January 2023 in Indianapolis, IN. According to the SEC’s AdviserInfo, Self is currently registered as an investment advisor with Maia Wealth in Indianapolis, IN.

On January 8, 2023, JPMS filed a Uniform Termination Notice for Securities Industry Registration (“Form U5”) disclosing Self’s voluntary termination from the firm on January 6, 2023. On February 21, 2023, JPMS filed an Amended Form U5 for Self, disclosing that he was “under internal review after allegations that he removed customer confidential information from [a] branch location without authorization.”

On May 5, 2023, JPMS again amended Self’s Form U5 to disclose that the firm’s internal review had concluded that Self had removed the customer confidential information without authorization, which he had since returned to the firm. FINRA’s findings stated that Self disclosed the information to the investment advisory firm he moved to and the information was used to populate new account forms and customer relationship software at the investment advisory firm. 

Investors that suffered losses with investment advisor Dale Self  are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigtaions@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.

Investment Losses with Financial Advisor Dale Self?

Investment Losses with Financial Advisor Dale Self?

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Current Information That You Should Know as an Investor:

KlaymanToskes is a leading national investment loss law firm that represents the interests of investors throughout the world who have suffered losses due to broker misconduct, investment fraud, and securities violations. 

The articles linked below contain important information relating to the complaint against investment advisor Dale Self:

If you suffered losses with investment advisor Dale Self, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.

The firm has helped recover over $600 million (exclusive of attorneys fees and costs) for investors, and can help you determine if your loss is due to financial advisor misconduct, unsuitable investment advice, and/or other securities violations.

Signs Investors Should Look Out For About Their Brokerage Accounts:

As an investor, there are a few signs that you should look out for if you believe you may have a claim against investment advisor Dale Self. These signs could potentially indicate broker misconduct, negligence, or investment fraud. Investors are encourage to contact our firm immediately if you have experienced any of the following: 

  • You have substantial losses in your investment accounts
  • You received a call, email, or other communication from your broker’s supervisor or manager regarding your portfolio
  • Your broker misrepresented investment opportunities, or failed to disclose details about investments
  • You notice unauthorized transactions in your investment accounts
  • Your broker is not returning your calls or emails
  • You filed a complaint with your brokerage firm that has not been resolved
  • You see a mistake on your statement, or receive a fraudulent account statement

Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.

According to FINRA and the SEC, brokerage firms such as J.P. Morgan Securities and investment advisory firms such as Maia Wealth are responsible for the supervision of all of the activities of their registered brokers and investment advisors. Investors may be entitled to a financial recovery if their brokerage firm failed to supervise the representative managing their brokerage account, and/or if their broker/advisor made unsuitable investment recommendations.

Engaging the services of an experienced securities attorney to evaluate the specific circumstances of your case is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.

If you suffered losses with investment advisor Dale Self or have concerns regarding your investment portfolio at J.P. Morgan Securities and/or Maia Wealth, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss recovery options.