Public records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 12, 2017 indicate that Tennessee-based Woodbury Financial Services broker/adviser John Maloney is involved in several resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Maloney (CRD# 726108).
John Maloney has spent 36 years in the securities industry and has been registered with Woodbury Financial Services in Morristown, Tennessee since 2016. He was previously registered with Edward Jones in Morristown, Pennsylvania (1981-2016). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on January 26, 2007; Series 63 (Uniform Securities Agent State Law Examination), which he obtained on March 24, 1981; and Series 7 (General Securities Representative Examination), which he obtained on March 21, 1981. He is a registered broker and investment adviser with five US states: Florida, Indiana, Mississippi, Tennessee and Virginia.
According to his BrokerCheck report, he has received two customer complaints and three pending customer complaints, and was discharged from a former employer.
In September 2017 a customer alleged John Maloney, while employed at Edward Jones, recommended an unsuitable investment in FireEye stock. The customer is seeking more than $329,800 in damages in the pending complaint.
In November 2017 a customer alleged John Maloney, while employed at Edward Jones, made misrepresentations of material facts, recommended unsuitable investments, breached contract, acted negligently, failed in his supervisory duties, and churned accounts. The customer is seeking unspecified damages in the pending complaint.
In May 2017 a customer alleged John Maloney, while employed at Edward Jones, recommended unsuitable stock products, breached his fiduciary duty, breached contract, failed in his supervisory duty, churned accounts, and misrepresented material facts. The customer is seeking $2,000,000 in damages in the pending complaint.
In 2016 a customer alleged he, while employed at Edward Jones, recommended unsuitable equities. The complaint settled for $132,500.
In 2002 a customer alleged he, while employed at Edward Jones, made unsuitable investments, misrepresented material facts, and breached his fiduciary duty. The complaint settled for $150,000.
If you or someone you know has complaints regarding John Maloney, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be entitled to recover lost funds. All cases are taken on a contingency basis: we only receive payment if and when you collect money. Time to file your claim may be limited, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.