Glennon Cole Investigaton
April 2022- Manchester, MO
According to publicly available records, Glennon J. Cole, a currently unregistered financial advisor who previously was employed by Moloney Securities, Co., Inc. discloses prior customer disputes, two currently pending customer disputes and a termination from employment.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In April of 2021, FINRA case #21-00921 was filed by a customer of Moloney Securities alleging unsuitability in connection with investments in REITs. Damages of $400,000 are sought in this currently pending matter.
In February of 2021, Cole was discharged from Moloney Securities Co., Inc. after allegations of FINRA disqualification as defined in the Securities Exchange Act of 1934 as a result of having entered a felony guilty plea.
Cole was employed with Moloney Securities Co. , Inc. from September of 2012 until February of 2021.
If you have losses in an account handled by Glennon Cole, call to learn how you may be able to recover damages through FINRA arbitration.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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