JPMorgan Ex-Brokers Fight Grandma in Court, Seeking Her Silence

A 95-year-old Florida woman who won an arbitration fight against her banker grandsons is now battling them in court -- seeking to collect the award, and also to preserve her ability to speak freely about her experience.

Beverley Schottenstein prevailed earlier this year in a financial industry arbitration after accusing JPMorgan Chase & Co., and two of her grandsons who handled her account there, of improper trading in her $80 million portfolio, in a case that highlighted the complications and conflicts that can arise when bankers manage money for family members.

Beverley Schottenstein in Bal Harbour, Florida.

Photographer: Scott McIntyre/Bloomberg

The panel found JPMorgan’s securities unit ...