Shana Mohsen Allegedly Misrepresented a Managed Account
Shana Mohsen (CRD #: 5830701), a broker registered with J.P. Morgan Securities, is the subject of an investor dispute. This disclosure appears on her BrokerCheck record, accessed on October 13, 2023. Keep reading if you have questions about her alleged conduct.
On September 8, 2023, an investor alleged Shana Mohsen misrepresented a managed account investment. The investor sought $55,000. The dispute was denied, but investors should know that firms can deny disputes without any external review. Following a denial, investors may still be able to recover their funds via FINRA arbitration.
What Are Managed Accounts?
Managed accounts often come with higher fees than self-directed brokerage accounts and may be unsuitable for many investors. Actively managed mutual funds are examples of managed accounts.
FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.
Shana Mohsen has passed the following exams:
- Series 66 Uniform Combined State Law Examination
- Series 63 Uniform Securities Agent State Law Examination
- SIE – Securities Industry Essentials Examination
- Series 7 General Securities Representative Examination
- Series 6 Investment Company Products/ Variable Contracts Representative Examination
She is a registered broker in eight states and is an investment adviser in California.
Shana Mohsen has registered with two firms during her 11 years of experience: J.P. Morgan (CRD #: 79) and Chase Investment Services Corp. (CRD #: 25574).
Kurta Law Can Help
If you worked with Shana Mohsen and have concerns about your investments, please contact us today at 877-600-0098 or firstname.lastname@example.org 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.