Investors have filed disputes regarding securities broker and financial advisor, Shane DeSherlia (CRD#: 6800960, Jerseyville, Illinois]. DeSherlia works with Moloney Securities Co. Inc., located in Jerseyville, Illinois, since May 24, 2017, and with Moloney Securities Asset Management LLC at the same location since November 7, 2019. Recently, multiple investors raised concerns regarding DeSherlia's practices, specifically alleging issues related to suitability and negligence in their investments. Read on to learn more about the investors’ claims.
Evidently, on July 19, 2023, a Moloney Securities Co. client filed FINRA Arbitration: 23-01941 about Shane DeSherlia. Supposedly, DeSherlia was negligent and made unsuitable recommendations during the years 2019-2020. Because of this, the client allegedly sustained damages on corporate bonds. Therefore, the client requested $500,000 in compensation from Moloney Securities Co. or DeSherlia. Evidently, this arbitration is pending a resolution.
Also, a client of Moloney Securities Co. contested Shane DeSherlia’s sales practices by filing FINRA Arbitration: 23-01821 on July 5, 2023. Mainly, the customer alleged unsuitable recommendations and negligence during 2018-2020. It appears that DeSherlia caused the client to sustain damages on bonds. Therefore, the client seeks compensatory relief from Moloney Securities Co. or DeSherlia in the amount of $182,000 in this ongoing matter.
Additionally, a Moloney Securities Co. client filed FINRA Arbitration: 22-01814 about Shane DeSherlia. Evidently, the client accused the securities broker of negligence and unsuitable trading in bonds. Because of this, the client allegedly sustained damages. Therefore, on November 17, 2023, Moloney Securities Co. settled this matter by paying the client $20,450 in damages.
Did you experience losses because of Shane DeSherlia? If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney concerning a potential recovery of your investment losses. Soreide Law Group has successfully recovered losses for investors across the United States, operates on a contingency fee basis, and advances all costs. DeSherlia and the firms he works for, namely Moloney Securities Co., and Moloney Securities Asset Management LLC, deny accusations of sales practice violations. However, if you've been impacted, it's crucial to explore your options for possible compensation.
Soreide Law Group is investigating potential investor claims involving Cove Capital 1031 Delaware Statutory Trust (DST) investments and whether brokers improperly recommended these specific tax-deferred real estate offerings. Cove Capital 1031 DSTs are structured investments that allow investors to reinvest proceeds from the sale of real estate into fractional interests in institutional-grade properties while deferring […]
Investors might have sustained losses due to securities broker Marc Charles Koch [CRD: 4978078, New York, New York], given the publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Koch worked for Morgan Stanley from March 30, 2023, to the present, First Republic Investment Management Inc. from November 7, 2022, to April 25, […]
Investors potentially incurred losses because of securities broker Stephen Charles Newell Hlibok (also known as Stephen Hlibok and Steve Hlibok) [CRD: 1728900, Columbia, Maryland], according to disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hlibok worked for Merrill Lynch Pierce Fenner Smith Incorporated from September 25, 1987, to the present as a broker, and from […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com