Investors might have sustained losses due to securities broker Glenn Herbert Cray [CRD: 5184058, Epping, New Hampshire], based on publicly available information reported on FINRA BrokerCheck. Cray has worked with Moloney Securities Co. Inc. since September 18, 2015, and with Moloney Securities Asset Management LLC since December 9, 2016. Read on to find out more Cray’s disclosures, including client allegations involving unsuitable recommendations and negligence.
Cray Disclosed Negligence Allegations By Moloney Securities Client
Particularly, a client of Moloney Securities Co. Inc. contested Glenn Cray’s sales practices by filing FINRA Arbitration No. 24-01351. Allegedly, Cray made unsuitable recommendations and was negligent. Supposedly, Cray caused the client to sustain damages on corporate bonds. Therefore, Moloney Securities Co. Inc. opted to settle the matter on May 27, 2025, by compensating the client in the amount of $12,500.
Moloney Securities Investor Accused Glenn Cray Of Unsuitable Recommendations
Also, a client filed a complaint about Glenn Cray. Evidently, the client alleged that Cray made unsuitable recommendations. For this reason, the investor supposedly sustained damages on direct investments. Consequently, on July 12, 2021, Moloney Securities Co. Inc. settled this matter by paying the client $34,000 in damages.
Do you need clarification on any investment losses relating to Glenn Cray? You can get in touch with Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a potential recovery recovery. Soreide Law Group is experienced with recovering losses for investors throughout the US. Also, the firm works on a contingency fee basis and advances all costs. Cray and the firms Cray worked for deny allegations of sales practice violations.