Chad Mehle Named in Dispute Allegeing Unsuitable Investment Strategy

Chad Mehle (CRD #: 7008517), a broker registered with J.P. Morgan Securities, is involved in an investor dispute, according to his BrokerCheck record, accessed on October 29, 2024. Read on if you have questions about his alleged conduct as a broker.

Investor Dispute

On August 27, 2024, an investor named Chad Mehle in a dispute alleging the unsuitability of an investment strategy that involved using an account as collateral for a securities-based loan from October 2020 through November 2022. This dispute is currently pending.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles, which describe an investor’s age, investing experience, tax status, and other characteristics.

Investment strategies can also be unsuitable. A common example is overconcentration in a single stock or sector, which exposes the investor to a high degree of risk. 

Investors who believe their losses are the result of unsuitable investment recommendations may be able to recover their funds by seeking out FINRA arbitration.

Background Information

Chad Mehle has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination

Chad Mehle is a registered broker in all 50 states as well as the District of Columbia, Puerto Rico, and the Virgin Islands. He is also a registered investment adviser in Texas and California.

He has also worked for Merrill Lynch, Pierce, Fenner & Smith (CRD#:7691) and Morgan Stanley (CRD#:149777).

Kurta Law Can Help

If you worked with Chad Mehle and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.