Did you incur investment losses with John McKinstry Jr.?
The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving John McKinstry Jr. formerly of Moloney Securities related to his alleged unsuitable investments and churning.
McKinstry has 5 customer complaints and 2 regulatory actions against him.
Fortunately, for those investors that incurred losses investing with McKinstry may be able to recover those losses through the FINRA arbitration process.
Under FINRA rules and regulations, Broker-Dealers are responsible for supervising the actions of those advisors registered with their firm, and therefore may be held liable for the actions of their Broker(s).