DID EDWARD M. DELANEY CAUSE YOU INVESTMENT LOSSES?
Edward M. Delaney with Edward Jones Has 2 Customer Complaints for Alleged Broker Misconduct in the Past Year
Who is Edward M. Delaney with Edward Jones?
Edward Delaney (CRD #2946899) who is currently registered with Edward Jones and located in Hillsboro, Illinois is a subject of one of our many securities industry sales practice abuse investigations. Edward Jones is an investment advisory and brokerage firm with a history of customer complaints and securities industry regulatory problems.
Edward Jones Broker Misconduct
In his career, Edward Delaney has been the subject of 5 customer complaints that we know about, 2 of those complaints were filed in the last year to recover investment losses. Three of Edward Delaney’s 5 customer complaints were settled in favor of investors. The other 2 complaints were denied and the customer did not take any further action.
Allegations Against Edward Delaney
A sample of the allegations made in the FINRA reported arbitration claim settlements and pending complaints for investment losses are as follows:
- Two clients separately alleged that the financial advisor did not liquidate his equities as instructed.
- Clients alleged that they, Edward Delaney misrepresented sales charges with respect to mutual fund transactions and engaged in the switching of mutual funds in their accounts without any reasonable basis.
- The client alleged that Edward Delaney “pushed” pushed him to invest in a different Putnam fund over his objections.
Edward Delaney Red Flags & Your Rights as An Investor
Of course, Edward Delaney 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 Delaney at Edward Jones on alert to review carefully the activity and performance of their accounts and question whether Edward Delaney has engaged in any stockbroker misconduct that may have caused them investment losses.
A large number of customer complaints at Edward Jones 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 Edward Jones
If you have questions about Edward Jones and/or Edward Delaney 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.