Soreide Law Group is investigating possible investor claims against Glennon James Cole (also known as Glen James Cole) (CRD: 1999588, Manchester, Missouri). Specifically, Financial Industry Regulatory Authority (FINRA) BrokerCheck discloses that investors disputed the sales practices of the securities broker, who worked for Moloney Securities Co. Inc. Notably, one or more investors alleged misconduct in these disputes, including that Cole made unsuitable recommendations and was negligent. Here is a brief summary of the disclosures about Cole.
Evidently, a Moloney Securities Co. Inc. client filed FINRA Arbitration: 22-02169 about Glennon Cole. Namely, the client alleged that Cole provided unsuitable advice and was negligent. Because of this, the client allegedly sustained damages on corporate bonds. Therefore, on May 9, 2023, Moloney Securities Co. Inc. settled this matter by paying the client $25,000 in damages.
Particularly, a client of Moloney Securities Co. Inc. contested Glennon Cole’s sales practices by filing FINRA Arbitration: 22-02190 on October 4, 2022. Allegedly, Cole made unsuitable recommendations and was negligent. It appears that Cole caused the client to sustain damages on corporate bonds. Therefore, the client seeks compensatory relief from Moloney Securities Co. Inc. or Cole in the amount of $33,000 in this ongoing matter.
Also, on June 13, 2022, a Moloney Securities Co. Inc. client filed FINRA Arbitration: 22-01272 about Glennon Cole. Namely, the client alleged that Cole was negligent and provided unsuitable advice. Because of this, the client allegedly sustained damages on corporate bonds. Therefore, the client requested compensation from Moloney Securities Co. Inc. or Cole. Evidently, this arbitration is pending a resolution.
Also, on May 2, 2022, a Moloney Securities Co. Inc. client filed FINRA Arbitration: 22-00931 about Glennon Cole. Namely, the client alleged that Cole made unsuitable recommendations. Because of this, the client allegedly sustained damages on direct investments (LP interests and DPP interests). Therefore, the client requested $700,000 in compensation from Moloney Securities Co. Inc. or Cole in this ongoing matter.
Specifically, a client of Moloney Securities Co. Inc. contested Glennon Cole’s sales practices by filing FINRA Arbitration: 21-00921. Allegedly, Cole provided unsuitable advice. It appears that Cole caused the client to sustain damages on real estate securities and direct investments (LP interests and DPP interests). Therefore, Moloney Securities Co. Inc. opted to settle the matter on April 1, 2022, by compensating the client in the amount of $122,500.
Also, on February 8, 2021, Moloney Securities Co. Inc. disaffiliated with Cole. Evidently, Moloney Securities Co. Inc. alleged that Cole was the subject of a regulatory enforcement action resulting in sanctions.
Particularly, a client of UBS PaineWebber Inc. contested Glennon Cole’s sales practices, according to a complaint. Allegedly, Cole engaged in unauthorized trading and inappropriately used margin. Supposedly, Cole caused the client to sustain damages on over-the-counter equities. Therefore, UBS PaineWebber Inc. opted to settle the matter on October 25, 2002, by compensating the client.
Cole worked for Moloney Securities Co. Inc. as a securities broker from September 2012 to February 2021.
Did you suffer damages because of broker Glennon Cole? If so, reach out to Soreide Law Group at (888) 760-6552 and talk with an experienced securities attorney about a possible recovery of your investment losses. Soreide Law Group, who has effectively recovered money for hundreds of investors across the United States, represents clients on a contingency fee basis and advances all costs. Cole and brokerage firms Cole worked for deny all accusations of sales-related misconduct.
Soreide Law Group is reviewing potential claims from investors who may have been misled or misadvised by securities brokers and financial professionals. One investment under scrutiny is the Shopoff DLV QOZ Fund LLC, a private placement marketed as part of the Qualified Opportunity Zone program. Recent reports reveal troubling developments that investors should be aware […]
Soreide Law Group is currently reviewing potential claims from investors regarding questionable sales practices by securities brokers and financial advisors. One product under scrutiny is SHADOWGLEN DST, a real estate–focused investment vehicle that has drawn attention due to troubling reports and investor risks. Recent information suggests there may be significant concerns about how this product […]
Soreide Law Group is investigating potential investor claims involving sales practice violations by securities brokers and financial advisors connected to ROCKLAND DST. This investment has been promoted as a private placement real estate vehicle, but concerning information has emerged that may affect investors. Below we outline what ROCKLAND DST is, the issues surrounding it, and […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com