A former monetary advisor with JPMorgan is suing the financial institution, claiming she was fired when she couldn’t return to work after a breast most cancers prognosis.
Connie Mireles initially filed her go well with in March in California state court docket in opposition to J.P. Morgan Securities and its father or mother firm, JPMorgan Chase, although it was moved to federal proceedings final week.
In accordance with Mireles’ grievance, she started working as a financial institution teller with JPMorgan in 2006, earlier than finally rising to relationship banker in 2015 and monetary advisor in 2020. She registered with the SEC on the finish of 2019, based on fee data.
Within the grievance, Mireles claims she largely acquired passable critiques from supervisors, arguing that her 2020 assessment acknowledged she’d been “diligent and purposeful in constructing relationships along with her department groups,” and obtained comparable constructive marks for the next few years.
Nonetheless, in 2022, Mireles took medical go away attributable to “debilitating migraines,” and the next summer time was identified with breast most cancers. By November 2024, JPMorgan requested “an replace on her medical situation,” and requested if she had a return-to-work date.
Mireles claims she advised them she had most cancers surgical procedure set for December, and will return to work by Jan. 24, 2025. In accordance with the go well with, her contacts at JPMorgan responded that if she was not at work on January 27, she’d be fired. In accordance with Mireles, she up to date her return-to-work date with a observe from her oncologist, giving her a February 5 begin date.
“On January 27, 2025, Ms. Mireles known as her employer and requested if they might honor the return to work observe for February 5, 2025, they usually responded that she was fired,” the grievance learn. “Though she was assured that she would obtain a test within the mail, Ms. Mirles has not been paid her accrued time owed.”
In accordance with Mireles, her most cancers prognosis was “a considerable motivating issue” within the resolution to fireside her, and he or she stated that because of this, she “continues to endure substantial losses in earnings, and different employment and retirement advantages,” amongst different repercussions.
Although JPMorgan declined to remark, in a response filed in California state court docket in Could, the agency argued that Mireles had declined to arbitrate the dispute, regardless of allegedly signing agreements mandating that possibility in such a case.
Moreover, the agency claimed that it had offered Mireles with “cheap lodging” to fulfill California state regulation, however she was however “unable to carry out the important duties of the place in query even with cheap lodging and, additional, couldn’t carry out these duties in a way that might not have endangered her well being or security or the well being and security of others, even with cheap lodging.”
In an unrelated lawsuit, JPMorgan requested a short lived restraining order in opposition to a former financial institution department advisor in Michigan who departed to work at Morgan Stanley.
In accordance with that go well with, Laura Sullivan left JPMorgan on Could 15, after working as a non-public shopper advisor on the agency’s Nova, Mich., department. In accordance with the grievance, Sullivan solicited greater than a dozen purchasers to hitch her at her new agency.
Amongst different issues, Sullivan claimed that Morgan Stanley has extra instruments to assist purchasers, its charges could also be decrease and that purchasers have extra funding diversification choices on the wirehouse.
JPMorgan argued the advisor violated non-solicitation agreements and wished to “keep the established order” as FINRA arbitration progresses.
Up to now, JPMorgan believes she’s attracted about 15 households (with belongings totaling about $14.5 million) to hitch her at Morgan Stanley, which declined to remark.
JPMorgan has steadily introduced comparable actions in opposition to former financial institution department advisors, arguing that such reps will not be anticipated to independently hunt down their books of enterprise and are as an alternative launched to potential purchasers inside the branches. Final month, JPMorgan sought a TRO in opposition to a Florida-based former advisor who left for Ameriprise.