National investment loss lawyers KlaymanToskes is investigating broker Glennon Cole (CRD# 1999588) of Moloney Securities, after the filing of several customer complaints with the Financial Industry Regulatory Authority (“FINRA”) alleging collective investor damages of $650,000.
Investors that suffered losses with broker Glennon Cole are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Glennon Cole, a broker previously registered with Moloney Securities is currently involved in several customer complaints alleging unsuitable investment recommendations and negligence. One of the complaints alleges $400,000 in damages, while the second alleges $250,000 in investor damages. Cole was previously registered with Moloney from September 2012 to February 2021 in Manchester, MO.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
According to FINRA and the SEC, investment firms such as Moloney Securities are responsible for the supervision of all of the activities of their registered brokers/investment advisors. Investors may be entitled to a financial recovery if their firm failed to supervise the representative managing their account, and/or if their financial advisor made unsuitable investment recommendations.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Glennon Cole, or have concerns regarding your investment portfolio at Moloney Securities, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation to discuss your potential recovery options.