Investors potentially experienced losses due to securities broker John Hubert Chaney [CRD: 44529, Manchester, Missouri], according to disclosures on FINRA BrokerCheck. According to the regulator, John Chaney worked for Moloney Securities Co. Inc. from October 29, 2015, to December 31, 2023. Read on to learn more about the securities broker’s disclosures.
Investor Alleged Unsuitable Advice Concerning Corporate Bonds
Particularly, on February 20, 2025, a client brought a dispute about John Chaney under FINRA Arbitration No. 25-00223. The complaint alleged negligence and unsuitable recommendations in 2020. For this reason, the client sought $125,000 in damages in this ongoing matter.
Moloney Securities Co. Investor Accused John Chaney of Negligence
Specifically, on October 23, 2023, a Moloney Securities Co. Inc. client filed FINRA Arbitration No. 23-03055 about John Chaney. Supposedly, Chaney made unsuitable recommendations and was negligent in handling investments between 2011 and 2020. Because of this, the client allegedly sustained damages on corporate bonds. Therefore, the client requested $500,000 in compensation from Moloney Securities Co. Inc. or Chaney. Evidently, this arbitration is pending a resolution.
Moloney Securities Co. Investor Accused Chaney of Unsuitable Advice
Also, a Moloney Securities Co. Inc. client filed FINRA Arbitration No. 23-01507 about John Chaney. Notably, the client alleged unsuitable advice and negligence. Because of this, the client allegedly sustained damages on corporate bonds. Therefore, on March 7, 2024, Moloney Securities Co. Inc. settled this matter by paying the client $14,500 in damages. The broker dealer stated that it settled the matter for business purposes without admitting any wrongdoing or liability. Chaney continues to refute the allegations of the claims.
Are you looking for more information about John Chaney? If you incurred losses, reach out to Soreide Law Group online or at (888) 760-6552 and consult with a securities attorney concerning a possible recovery. Soreide Law Group has recovered losses for investors throughout the United States, works on a contingency fee basis, and advances all costs. Chaney and brokerage firms Moloney Securities Co. Inc. worked for deny accusations of sales practice violations.