Moloney Securities Co., Inc. broker John Shortal (CRD# 2233172) is accused of unsuitable investment recommendations. He has been registered with Moloney Securities Co., Inc. in Jerseyville, Illinois, since 2012.
John Shortal Customer Complaints
He has been the subject of five customer complaints between 2023 and 2025, according to his CRD report:
April 2025. “Suitability/negligence. 2019-2021.” The customer is seeking $500,000 in damages, and the case is currently pending.
January 2025. “Suitability/negligence. 2018-2022.” The customer is seeking $664,400 in damages, and the case is currently pending.
November 2024. “Suitability/negligence. 2020-2021.” The customer is seeking $400,000 in damages, and the case is currently pending.
October 2024. “Suitability/negligence. 2016-2018.” The customer is seeking $300,000 in damages, and the case is currently pending.
December 2023. “Suitability/Negligence. 2021.” The customer sought $87,000 in damages, and the case was settled for $29,950.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Moloney Securities Co., Inc. may be liable for investment or other losses suffered by John Shortal’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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