Moloney Securities Co., Inc. broker Edward Prince (CRD# 4647442) is accused of corporate debt investment losses. He has been registered with Moloney Securities Co., Inc. in Kansas City, Missouri, since 2018, and with Moloney Securities Asset Management LLC in Kansas City, Missouri, since 2016. Previously, he was registered with Eckman Wealth Management, LLC in Westwood, Kansas, from 2015 to 2016, and with Princor Financial Services Corporation in Olathe, Kansas, from 2013 to 2014.
In December 2015, the state of Missouri sanctioned him to pay a $5,000 monetary penalty related to allegations that he “transacted business in Missouri as an unregistered investment adviser representative for more than five clients on behalf of Eckman Wealth Management, LLC since May 13, 2014; and Prince failed to report on his application a Kansas state tax lien.”
Edward Prince Customer Complaints
He has been the subject of one customer complaint, according to his CRD report:
March 2024. “Suitability/negligence. 2021.” The customer is seeking $140,000 in damages, and the case is currently pending. The complaint was regarding corporate debt losses, and it took place while he was registered with Moloney Securities Co., Inc.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Moloney Securities Co., Inc. may be liable for investment or other losses suffered by Edward Prince’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
"*" indicates required fields
