Advisor Alert: Our Attorneys Are Investigating Shane Michael Desherlia For Investment Fraud
Did You Lose Money Because of Shane Desherlia?
Filed: February 27, 2024
Shane Desherlia currently has two (2) pending customer complaints. Overall, he has been the subject of three (3) customer complaints. 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 Shane Michael Desherlia.
Who Is Shane Michael Desherlia of Moloney Securities Co., Inc. and Moloney Securities Asset Management LLC?
- Advisor Name: Shane Michael Desherlia
- Aliases: Shane Desherlia
- CRD: 6800960
- Location: Jerseyville, Illinois
- Current Employer: Moloney Securities Co., Inc. and Moloney Securities Asset Management LLC
- Previous Firms: Unknown
- Number of Known Customer Complaints: 3
- Can Shane Desherlia Be Sued: Yes, in Private Arbitration
- Can Shane Desherlia’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $500,000
- Highest Settlement: $20,450
If you have suffered investment losses by Shane Desherlia, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise 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 Shane Desherlia For Broker Misconduct
As of this publication date, Shane Desherlia has been the subject of 3 customer disputes. Let’s review them below.
In July 2023, a FINRA arbitration was filed against or in reference to Shane Desherlia by a customer of Moloney Securities Co., Inc. alleging suitability/negligence. Per the customer, he/she lost over $500,000 because of Mr. Desherlia’s actions. As of this publication date, this claim remains pending.
In July 2023, a FINRA arbitration was filed against or in reference to Shane Desherlia by a customer of Moloney Securities Co., Inc. alleging suitability/negligence. Per the customer, he/she lost over $182,000 because of Mr. Desherlia’s actions. As of this publication date, this claim remains pending.
In August 2022, a FINRA arbitration was filed against or in reference to Shane Desherlia by a customer of Moloney Securities Co., Inc. alleging suitability/negligence. Per the customer, he/she lost over $100,000 because of Mr. Desherlia’s actions. On November 17, 2023, Mr. Desherlia settled the claim for $20,450, and some or all of this amount may have been paid by Mr. Desherlia’s employer and/or insurance carrier.
How To File A Claim Against Shane Desherlia of Moloney Securities Co., Inc. and Moloney Securities Asset Management LLC To Get Your Money Back
If you have questions about Shane Desherlia, Moloney Securities Co., Inc., Moloney Securities Asset Management LLC, 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.