The New York Times DealBook has a fascinating piece on the relationship between JPMorgan Chase and one of its former brokers, Johnny Burris. After Burris complained publicly about JPMorgan's sales practices, he was terminated and customer complaints began to appear in his regulatory files. Some of the "complaining" customers now say they had no problems with Mr. Burris. One of the customers who allegedly filed a complaint can't even read or write. And it appears that JPMorgan was involved in drafting at least some of the complaints.

Definitely worth reading.

 

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Photo of Haskell Murray Haskell Murray

Professor Murray teaches business law, business ethics, and alternative dispute resolution courses to undergraduate and graduate students. Currently, his research focuses on corporate governance, mergers & acquisitions, sports law, and social entrepreneurship law issues.

Professor Murray is the 2018-19 President of the Southeastern…

Professor Murray teaches business law, business ethics, and alternative dispute resolution courses to undergraduate and graduate students. Currently, his research focuses on corporate governance, mergers & acquisitions, sports law, and social entrepreneurship law issues.

Professor Murray is the 2018-19 President of the Southeastern Academy of Legal Studies in Business (“SEALSB”) and is a co-editor of the Business Law Professor Blog. His articles have been published in a variety of journals, including the American Business Law Journal, the Delaware Journal of Corporate Law, the Harvard Business Law Review, and the Maryland Law Review. Read More