Tr?id=566623520170033&ev=PageView&noscript=1

J.P. Morgan Seeks TRO Over Departing Advisor

Posted on January 17th, 2022 at 1:09 PM
J.P. Morgan Seeks TRO Over Departing Advisor

From the Desk of Jim Eccleston at Eccleston Law:

J.P. Morgan Chase’s brokerage business has requested that a Louisville, Kentucky, federal court issue a temporary restraining order (TRO) barring one of its former advisors from soliciting its clients. 

J.P. Morgan Securities alleges that Timothy Logsdon brought $17 million in client assets to his new firm, BLVD Private Wealth Management, which violates his employment agreements. According to J.P. Morgan, Logsdon joined BLVD in November 2021 and previously had managed $153 million for at least 289 clients. 

BLVD’s website lists Chris Brady as its founder and Ashley Baumgardner as its office manager, both of which previously worked for J.P. Morgan. Logsdon allegedly informed clients that he would provide “more investment options” and “lower fees” at BLVD. Further, Logsdon alleged stated that J.P. Morgan advisors who had been assigned their accounts “already have too many accounts to service” and “are only concerned with growing their business”, according to the complaint. 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, regulatory and disciplinary matters.

Tags: eccleston, eccleston law, jp morgan, tro

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

 


It was really fun seeing you fight for us. You have an amazing way of thinking out of the box.


 

Beth M.

LATEST NEWS AND ARTICLES

1775670322 Law
April 8, 2026
FinCEN Imposes $80 Million Penalty on Canaccord for AML Failures

The U.S.

1775574785 Law
April 7, 2026
SEC Charges Long Island RIA and Executives in $138 Million Private Fund Scheme

A Long Island-based registered investment adviser and two of its senior executives now face parallel civil and criminal proceedings tied to an alleged scheme involving conflicted private fund investments, as reported by InvestmentNews.

1775496481 Law
April 6, 2026
FINRA Arbitration Panel Orders Fidelity to Pay $1.3 Million Over Structured Product Disputes

A Financial Industry Regulatory (FINRA) arbitration panel has ordered Fidelity Brokerage Services to pay approximately $1.3 million to two groups of clients who alleged misconduct tied to structured product investments, according to ThinkAdvisor.