Were you the victim of investment losses due to recommendations by former Moloney Securities Co., Inc. broker Donald Morgan (CRD# 2101840)? He was registered with Moloney Securities Co., Inc. in Murphysboro, Illinois, from 2012 to 2022.
Donald Morgan Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
May 2023. “Suitability/Negligence.” The customer sought $1,000,000 in damages, and the case was settled for $131,000. The complaint was regarding corporate debt losses, and it took place while he was registered with Moloney Securities Co., Inc.
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 Donald Morgan’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.
"*" indicates required fields
