Written by The White Law Group• October 15, 2019• 4:02 pm• Current Investigations

Joseph J. Weinrich Sr. Broker Investigation

Financial Advisor Joseph J. Weinrich Sr., Moloney Securities in Overland Park, KS

Are you concerned about investments with Joseph J. Weinrich Sr. in Overland Park, KS? If so, the securities attorneys at The White Law Group may be able to help you by filing a FINRA Dispute Resolution claim.

According public disclosures on FINRA’s website, financial advisor Joseph J. Weinrich Sr. allegedly has 16 regulatory events on his record and has reportedly been barred by FINRA from engaging in certain activities.

According to his FINRA BrokerCheck report, Weinrich was reportedly affiliated with Moloney Securities in Overland Park, KS from 1999 until 2018. According to his broker report, he allegedly filed for personal bankruptcy in 2017.

His broker record indicates 3 customer complaints have allegedly been filed against him, two are settled and one is reportedly still pending. The one still pending is purportedly a civil lawsuit (Civil Action No. 1816-CV30713) filed in Jackson County, MO on December 4, 2018. This claim reportedly alleges “fraud, breach of fiduciary duty, negligence, failure to disclose risks in two investments made in 2012 and 2013.”

According to his broker report, the alleged unsuitable investments were in oil and gas and venture capital. The damage amount requested is reportedly $225,000.00.

Investigating Potential Lawsuits

The White Law Group is investigating potential lawsuits regarding the liability that Weinrich’s employers may have for failure to properly supervise him.

When brokers violate securities laws, such as making unsuitable investments, the brokerage firm they are working with may be liable for investment losses through FINRA Arbitration.

Brokerage firms that fail to monitor the business activities of their employees may be liable for investment losses due to negligent supervision for the misconduct of their employees.

The White Law Group is a national securities fraud, securities arbitration, and investor protection law firm with offices in Chicago, Illinois and Franklin, Tennessee.

We represent investors in FINRA arbitration claims in all 50 states, including Kansas and Missouri. Our attorneys have recovered millions of dollars from many brokerage firms in the past.