National investment loss lawyers KlaymanToskes issues notice to customers of the Bank of Estes Park, who purchased securities investments through Moloney Securities Co., Inc., located at the St. Vrain Investment Center of Estes Park in Estes Park, CO.
The law firm of KlaymanToskes is investigating Jeffrey Allen Morris (CRD# 2478499) of Moloney Securities Co., Inc. and Moloney Securities Asset Management, LLC, after four investors filed complaints against the Estes Park, Colorado-based broker/advisor, alleging $805,000 in collective damages due to unsuitable investment recommendations.
If you suffered investment losses at the Bank of Estes Park in Estes Park, CO with Jeffrey Allen Morris and/or any other broker, contact attorney Lawrence L. Klayman, Esq. at (888) 997-9956 or lklayman@klaymantoskes.com to discuss recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery.
According to FINRA Brokercheck, Jeffrey Allen Morris (a/k/a Jeff Morris) has four disclosed investor complaints. All four complaints are pending and allege collective investor damages of $805,000.
1. Filed 1/27/2023: Investor alleges suitability/negligence
(Pending – Alleged Damages $50,000)
2. Filed 1/20/2023: Investor alleges suitability/negligence/breach of contract.
(Pending – Alleged Damages $500,000)
3. Filed 10/24/2022: Investor alleges suitability/negligence
(Pending – Alleged Damages $105,000)
4. Filed 10/18/2022: Investor alleges suitability/negligence
(Pending – Alleged Damages $150,000)
Jeff Morris is currently registered as a stockbroker and investment adviser with Moloney Securities Co., Inc. and Moloney Securities Asset Management, LLC in Estes Park, CO. He was previously registered with Moloney Investment Advisory, LLC in 2016 in Carlinville, IL.
Customers of the Bank of Estes Park, St. Vrain Center, who suffered investment losses due to unsuitable investment advice at Moloney Securities Co., Inc., may have recovery options.
Contact KlaymanToskes for a free consultation at (888) 997-9956 or on the web at klaymantoskes.com to discuss your potential case.
Moloney Securities was allegedly one of the largest sellers of GWG L Bonds. KlaymanToskes is currently representing many investors who sustained significant losses in GWG Holdings, Inc. (OTCMKTS: GWGHQ) L Bonds to recover investment losses.
In a FINRA arbitration claim, KlaymanToskes is representing a 78-year-old retired widow seeking to recover over $100,000 in damages sustained at the hands of her Moloney Securities broker Matthew Franchina (CRD# 5987117) in GWG Holdings, Inc. (OTCMKTS: GWGHQ) L Bonds.
GWG L bonds were marketed as safe and low-risk investments that were instead unrated, illiquid, high risk, and speculative. GWG disclosed on the second page of its 2020 Prospectus, “L Bonds are only suitable for persons with substantial financial resources and with no need for liquidity in this investment.”
Although GWG Holdings, Inc. filed for chapter 11 bankruptcy in April, 2022, investors may still pursue individual FINRA arbitration claims against the firms, brokers, and financial advisors who sold GWG L Bonds.
Contact attorney Lawrence L. Klayman, Esq. for a free consultation at (888) 997-9956 or lklayman@klaymantoskes.com to discuss your potential case and to learn more about the arbitration process.
KlaymanToskes is a leading national securities law firm which practices exclusively in the field of securities arbitration on behalf of retail and institutional investors throughout the world in large and complex securities matters. The firm has recovered over $250 million in FINRA arbitrations and over $350 million in other securities litigation matters. KlaymanToskes has office locations in California, Florida, New York, and Puerto Rico.
KlaymanToskes, P.A.
Lawrence L. Klayman, Esq.
888-997-9956
lklayman@klaymantoskes.com
www.klaymantoskes.com