Our firm is investigating J.P. MORGAN SECURITIES LLC financial advisor and registered representative Samuel Chastain (CRD# 7288681) of Baton Rouge, Louisiana for potential investment-related misconduct.
Financial Advisor’s Career History
Based on his publicly available registration history, Samuel Chastain entered the securities industry in 2020 and was registered with PIMCO INVESTMENTS LLC (Austin, Texas) from October 2020 through June 2023. After that period, his employment history reflects a move to the Teacher’s Retirement System of Louisiana (June 2023 to October 2023) before joining JPMorgan Chase Bank N.A. and J.P. MORGAN SECURITIES LLC in October 2023 (Baton Rouge, Louisiana).
He also disclosed an outside business activity as an owner/partner of CyberKeep Solutions (non-investment-related).
Samuel Chastain Fraud Allegations and Investor Complaints Explained
FINRA’s BrokerCheck report for Samuel Chastain reflects one customer dispute disclosure.
Disclosures (for context):
- Customer Dispute (Customer Complaint) — Allegation: customer alleged the registered representative did not follow trade instructions; Product: Money Market Fund; Activity date: July 25, 2025; Alleged damages: $0.00 (firm indicated a good-faith determination that alleged damages exceeded $5,000); Complaint received: November 2, 2025; Disposition/Status: Denied (status date: December 15, 2025).
Customer Complaint Alleging Failure to Follow Trade Instructions (Money Market Fund)
According to the disclosure, the customer alleged that the registered representative did not follow trade instructions in connection with a money market fund transaction dated July 25, 2025. The complaint was received on November 2, 2025 and was closed as denied on December 15, 2025.
The disclosure lists alleged damages of $0.00, while also stating that the firm made a “good faith determination” that alleged damages were more than $5,000, which is relevant because BrokerCheck customer-complaint reporting can depend on disclosure thresholds. The broker’s statement in the disclosure indicates he contends the trades were executed with the client’s direction/approval and that the firm denied the claims.
To obtain a copy of Samuel Chastain’s FINRA BrokerCheck report, visit this link.
Robert Wayne Pearce Is Committed to Recovering Your Investment Losses
FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade) requires registered persons to observe high standards of commercial honor and just and equitable principles of trade. In a complaint alleging a failure to follow trade instructions, Rule 2010 is often implicated because ignoring, mishandling, or misrepresenting a customer’s direction can fall below the industry’s baseline standards of fair dealing—even if the firm ultimately disputes the allegations.
FINRA Rule 4511 (Books and Records) requires firms to make and preserve records as required under FINRA rules and applicable securities laws. In a “trade instructions” dispute, accurate order tickets, blotters, supervisory records, and communications logs can be central to evaluating what instructions were received, how orders were entered, whether any changes occurred, and whether the account documentation supports (or contradicts) the customer’s version of events.
FINRA Rule 3110 (Supervision) requires firms to establish and maintain a system to supervise activities of associated persons that is reasonably designed to achieve compliance with applicable securities laws and FINRA rules. If a complaint alleges instructions were not followed, supervision can become relevant where the firm’s controls, escalation procedures, and review of order-handling practices are questioned—particularly if the facts suggest breakdowns in how instructions were captured, confirmed, or implemented.
Losing your savings to a dishonest broker or advisor can be devastating, but you do not have to face it alone. Robert Wayne Pearce and his team have spent over four decades helping investors who were misled or defrauded by Wall Street firms. The Law Offices of Robert Wayne Pearce, P.A. takes cases nationwide on a contingency fee basis. You pay nothing unless we recover your losses. Call (800) 732-2889 or email pearce@rwpearce.com today for a free and confidential consultation.