Advisor Alert: Our Attorneys Are Investigating Sam C Schoner For Investment Fraud
Did You Lose Money Because of Sam Schoner?
Filed: February 9, 2024
Sam Schoner (also known as Samuel Carl Schoner) currently has two (2) pending customer complaints. Overall, he has been the subject of three (3) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Sam C Schoner.
Who Is Sam C Schoner of J.P. Morgan Private Wealth Advisors LLC and JP Morgan Securities LLC?
- Advisor Name: Sam C Schoner
- Aliases: Sam Carl Schoner, Samuel Carl Schoner
- CRD: 1928356
- Location: San Francisco, California
- Current Employer: J.P. Morgan Private Wealth Advisors LLC and JP Morgan Securities LLC
- Previous Firms: First Republic Securities Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Number of Known Customer Complaints: 3
- Can Sam Schoner Be Sued: Yes, in Private Arbitration
- Can Sam Schoner’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $7,498,468
- Highest Settlement: $180,000
If you have suffered investment losses by Sam Schoner, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a breach of fiduciary duty lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Sam Schoner For Broker Misconduct
As of this publication date, Sam Schoner has been the subject of 3 customer disputes. Let’s review them below.
In December 2023, a FINRA arbitration was filed against or in reference to Sam Schoner by a customer of First Republic Securities Company, LLC alleging unsuitable investment advice. Per the customer, he/she lost over $2,500,000 because of Mr. Schoner’s actions. As of this publication date, this claim remains pending.
In September 2023, a FINRA arbitration was filed against or in reference to Sam Schoner by multiple customers of First Republic Securities Company, LLC alleging unsuitable investment recommendation. Per the customers, they lost over $7,498,468 because of Mr. Schoner’s actions. As of this publication date, this claim remains pending.
In August 2010, a FINRA arbitration was filed against or in reference to Sam Schoner by a customer of First Republic Securities Company, LLC alleging breach of fiduciary duty, professional negligence, negligent misrepresentation, breach of contract, fraud and deceit, elder abuse, unsuitable recommendations, misstatement and omissions of material facts, and use of fraudulent devices in the sale of the TW Tax Advantaged Fund, L.P. in August 2007. Per the customer, he/she lost over $351,135.62 because of Mr. Schoner’s actions. On July 13, 2011, Mr. Schoner settled the claim for $180,000, and some or all of this amount may have been paid by Mr. Schoner’s employer and/or insurance carrier.
How To File A Claim Against Sam Schoner of J.P. Morgan Private Wealth Advisors LLC and JP Morgan Securities LLC (previously with First Republic Securities Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back
If you have questions about Sam Schoner, J.P. Morgan Private Wealth Advisors LLC, JP Morgan Securities LLC, First Republic Securities Company, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.