Erez Law is interested in speaking with investors who may have suffered losses due to investments with Moloney Securities Co., Inc. broker Edward Balmes (CRD# 2110152). Balmes has been registered with Moloney Securities Co., Inc. in Chesterfield, Missouri since 2008.
Balmes has been the subject of two customer complaints between 2019 and 2020, one of which was denied, according to his CRD report:
July 2020. “Suitability.” The customer is seeking $500,000 in damages and the case is currently pending. The complaint was regarding direct investments and LP interests.
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 Balmes’ customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.
Did You Lose Money Investing with Robert Vance?
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 below for a free consultation.
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