National investment loss lawyers KlaymanToskes is investigating broker Jim Raia (CRD# 2397301) a/k/a James John Raia formerly of Moloney Securities. Raia is currently registered as a broker with Emerson Equity.
According to FINRA BrokerCheck, broker Jim Raia is involved in a customer complaint alleging $940,000 in investor damages. The complaint relates to unsuitable investment recommendations and negligence at Moloney Securities.
Investors that suffered losses with broker Jim Raia 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.
Financial advisor Jim Raia, formerly of Moloney Securities, is currently facing a pending customer complaint alleging $940,000 in investor damages. The investor alleges unsuitable investment recommendations and negligence. Raia has been involved in a total of at least 10 customer complaints, according to FINRA records. One complaint filed in March 2024 was settled in favor of the investors for $192,500. Another complaint filed in May of 2023 was settled in favor of the investors for $22,378. Raia was registered with Moloney Securities from 2018 to June 2025, and is currently associated with Emerson Equity in Irvine, CA.
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.
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 Jim Raia, or have concerns regarding your investment portfolio at Moloney Securities, Emerson Equity, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.