Advisor Alert: Our Attorneys Are Investigating Matthew Joseph Franchina For Investment Fraud
Did You Lose Money Because of Matthew Franchina?
Filed: March 21, 2024
Matthew Franchina has been the subject of one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Matthew Joseph Franchina.
Who Is Matthew Joseph Franchina of Moloney Securities Co., Inc. and Moloney Securities Asset Management LLC?
- Advisor Name: Matthew Joseph Franchina
- Aliases: Matthew Franchina
- CRD: 5987117
- Location: Manchester, Missouri and Long Beach, California
- Current Employer: Moloney Securities Co., Inc. and Moloney Securities Asset Management LLC
- Previous Firms: Moloney Investment Advisory LLC, Investment Advisors, Bankers Life Securities, Inc.
- Number of Known Customer Complaints: 1
- Can Matthew Franchina Be Sued: Yes, in Private Arbitration
- Can Matthew Franchina’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $100,000
- Highest Settlement: $30,000
If you have suffered investment losses by Matthew Franchina, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Matthew Franchina For Broker Misconduct
As of this publication date, Matthew Franchina has been the subject of 1 customer dispute. Let’s review it below.
In September 2022, a FINRA arbitration was filed against or in reference to Matthew Franchina by a customer of Moloney Securities Co., Inc. alleging suitability/negligence. Per the customer, he/she lost over $100,000 because of Mr. Franchina’s actions. On August 10, 2023, Mr. Franchina settled the claim for $30,000, and some or all of this amount may have been paid by Mr. Franchina’s employer and/or insurance carrier.
How To File A Claim Against Matthew Franchina of Moloney Securities Co., Inc. and Moloney Securities Asset Management LLC (previously with Moloney Investment Advisory LLC, Investment Advisors, Bankers Life Securities, Inc.) To Get Your Money Back
If you have questions about Matthew Franchina, Moloney Securities Co., Inc., Moloney Securities Asset Management LLC, Moloney Investment Advisory LLC, Investment Advisors, Bankers Life Securities, Inc.., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.