DID EDWARD JAMES BALMES CAUSE YOU INVESTMENT LOSSES?
Edward James Balmes with Moloney Securities Co., Inc. Has 2 Customer Complaints For Alleged Broker Misconduct In the Past 2 Years
Who is Edward J. Balmes with Moloney Securities Co., Inc.?
Edward Balmes (CRD #2110152) who is currently registered with Moloney Securities Co., Inc. and located in Chesterfield, Missouri is a subject of one of our many securities industry sales practice abuse investigations. Prior to Moloney Securities Co., Inc., Edward Balmes was associated with another investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Moloney Securities Co., Inc. Broker Misconduct
In his career, Edward Balmes has been the subject of 2 customer complaints that we know about, 1 of those complaints were filed in the last year to recover investment losses. One of Edward Balmes’ 2 customer complaints was denied by his employer antedate the customer is not taking any further action. There is currently one pending customer complaints filed against Edward Balmes’ current employer Moloney Securities Co., Inc. for investment losses caused by his alleged misconduct.
Allegations Against Edward Balmes
The allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are that Edward Balm made unsuitable investment recommendations in connection with the investments in GPB holdings private placements.
Edward Balmes Red Flags & Your Rights As An Investor
Of course, Edward Balmes did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Edward Balmes at Moloney Securities Co., Inc. on alert to review carefully the activity and performance of their accounts and question whether Edward Balmes has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Moloney Securities Co., Inc. about Edward Balmes also raises questions about supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
File A Claim To Recover Your Investment Losses At Moloney Securities Co., Inc.
If you have questions about Moloney Securities Co., Inc. and/or Edward Balmes and the management or performance of your accounts please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.