JPMorgan Square Autocallable Notes Investor Lawsuits

JPMorgan Square Autocallable Notes Results in Potential Risk

The White Law Group is investigating potential securities lawsuits involving JPMorgan Square Autocallable Notes.

Investors who purchased a structured product from JPMorgan linked to Square, Inc. (now Block, Inc.) may face significant downside risk depending on stock performance.

The structured note in question—JPMorgan’s Auto Callable Contingent Interest Notes Linked to the Class A Common Stock of Square, Inc. (CUSIP: 48132YFZ3)—was issued in October 2021 with a face value of $15,361,000. The note’s performance is tied to Square stock, and poor performance could substantially reduce or eliminate the final payout.

Details of the Investment

• Issue Date: November 3, 2021
• Linked Security: Square, Inc. Class A Common Stock (NYSE: SQ)
• Product Type: Auto Callable Contingent Interest Note
• Face Value: $15,361,000
• Final Payout: Depends on Square stock price relative to the Interest Barrier of 71.90% of the Initial Value
• Callable: If price on any review date (other than the final) is ? initial value, note is automatically called
• Interest Payments: Only paid if stock closes ? 71.90% of initial value on a review date
• Total Loss Potential: Investors may lose some or all principal if the stock declines significantly and interest payments are not made

Why Could the Investment Lose Value?

Contingent interest and autocallable notes expose investors to the risk of no income and principal loss. In this case:

• Interest contingent on SQ stock closing ? 71.90% of initial value
• Note auto-calls if price ? initial value on any review date
• No interest and potential loss if price falls below interest barrier and note is not called
• The estimated value of the notes was $967.40 per $1,000 at issuance
  

  Understanding the Risks of JPMorgan Square Autocallable

Despite contingent interest potential, risks include:

• Market risk of Square stock (now Block, Inc.)
• Credit risk of JPMorgan Chase Financial Company LLC
• No interest if below interest barrier
• Early call risk limits potential returns
• No FDIC insurance
  

  Did Your Financial Advisor Recommend This Investment?

If your advisor failed to assess suitability or explain risks, you may be entitled to recover losses through FINRA arbitration.

FINRA Arbitration vs. Class Action

• FINRA arbitration suits larger, individualized losses
• Class actions typically apply to smaller or uniform claims 

Free Consultation

The White Law Group is investigating claims involving JPMorgan Square Autocallable Notes. If you’ve experienced losses, call (888) 637-5510 for a free consultation.

Visit www.whitesecuritieslaw.com for more information on our firm and ongoing investigations.