Newton Nganga Fired by J.P. Morgan for Outside Business Activity

Did you invest in securities with Newton Nganga, formerly at J.P. Morgan? Israels & Neuman is investigating allegations involving Newton Nganga, who formerly was a representative with J.P. Morgan and worked in a New York City office. He was fired by J.P. Morgan in July 2025.

Allegations Regarding Firing Newton Nganga

FINRA operates a website called BrokerCheck, which provides the public with disclosures about a financial advisor’s record. BrokerCheck reveals that Ngagna “was terminated for failing to request approval for an outside activity related to a securities trading algorithm he created and sought external investors for”. It further disclosed that J.P. Morgan was not aware of “any known customer complaints” related to this conduct.

Background on Newton Nganga

Newton Nganga was licensed with J.P. Morgan from August 2024 to July 2025 at a New York, New York office.

Can J.P. Morgan Be Liable for its Advisors’ Conduct?

Pursuant to FINRA Rule 3110, J.P. Morgan must adequately monitor the activity of its advisors. J.P. Morgan could be responsible for investor losses if it failed to reasonably supervise him.

We Help Investors Nationwide, Including in New York

We represent investors throughout the United States as well as New York, who have been victims of broker misconduct, unsuitable investment recommendations, and fraud. If you were a client of Newton Nganga and believe your financial advisor acted improperly, you may be entitled to recover losses through FINRA arbitration.

View Nganga’s BrokerCheck Report

Contact Us for a Free Case Evaluation

Call us today at (720) 599-3505 or (206) 795-5798 or fill out our contact form to learn more about your rights.

Client Reviews

What are past clients saying about Israels & Neuman, PLC?

Submit a Law Firm Client Review

Aaron Israels was diligent, professional, knowledgeable and extremely thorough. My legal ordeal was quite cumbersome but Aaron was present, willing and ready to go the extra mile for me. I HIGHLY RECOMMEND, Israels and Neuman, PLLC for...

Kay H.

I have worked with many attorneys over the course of my career in both large and small businesses. Dave and Aaron are an outstanding legal team. I used Dave and Aaron for a personal situation that called for a hands on detailed approach. I found...

Fred S.

Aaron created our wills and offered solutions that made the process easy and pain free. We recently needed to amend our wills, and he made suggestions that made a better distribution that we had not thought of prior to meeting with him. He was...

Debra K.

I have worked with Aaron Israels for over eight years and can confidently say that he is the most honest and hard-working attorney I know. He not only gets results, but he also genuinely cares about his clients and colleagues. If you have a...

Tony E.

Mr. Aaron Israels set up our business by listening to us and creating a structure legal structure that was exactly what we wanted and needed. All of the work was set up in a binder for easy access to all information along with clear instructions...

Tom K.