John Hebner Investment Losses? FINRA Arbitration May Help You Recover
The White Law Group is investigating potential claims involving former financial advisor John Raymond Hebner, also known as Jack Raymond Hebner (CRD#: 3258824), in connection with Moloney Securities Co., Inc. and allegations of unsuitable investment recommendations.
According to FINRA’s BrokerCheck, Hebner has reportedly been the subject of eight customer disputes, most of which allege suitability and negligence related to investments recommended between 2019 and 2021. Several of these complaints have resulted in substantial settlements.
Summary of Customer Complaints Against John Hebner
Hebner was reportedly registered with Moloney Securities from 2003 until December 2023. Prior to that, he was affiliated with A.G. Edwards & Sons, Inc.
Here is a brief overview of the reported disputes:
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May 2024 – A client alleged unsuitable and negligent recommendations from 2019 to 2021 and requested $475,000 in damages. The case was settled for $150,557.24.
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May 2023 – Three separate customers filed similar complaints related to investments in 2019–2021, seeking damages of $201,000, $36,000, and $206,000, respectively. The cases were settled for $92,574.43, $17,317.13, and $104,145.77.
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July 2022 – A client alleged that an investment made in 2021 was unsuitable and negligent. The firm settled for $49,500.00.
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January 2025 – A claim involving alleged unsuitable advice in 2019 was settled for $13,670.00 after a $40,000 demand.
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November 2023 – A separate 2019 dispute was settled for $7,710.00 after a $30,000 demand.
What is Suitability?
FINRA rules require brokers to recommend investments that are suitable for each individual client based on their risk tolerance, investment objectives, financial situation, and experience. Recommending high-risk, illiquid, or complex investments to investors who are not financially equipped to handle them can be considered unsuitable — and a violation of FINRA rules.
Moloney Securities – Broker Due Diligence Obligations
Broker-dealers like Moloney Securities have a duty to supervise their registered representatives and ensure that all recommendations are appropriate. When a brokerage firm fails to detect or prevent unsuitable recommendations, it may be liable for investment losses through a FINRA arbitration claim.
John Hebner: Recovery Options for Investors
If you lost money investing with John (Jack) Hebner or Moloney Securities, you may be able to recover your losses through FINRA arbitration — a private dispute resolution forum used to handle claims against financial professionals and brokerage firms.
The White Law Group has represented hundreds of investors in FINRA arbitration claims across the country and has recovered millions of dollars in investment losses due to unsuitable recommendations, failure to supervise, and other violations of securities laws.
FINRA Arbitration vs. Class Action – What’s the Difference?
| Feature | FINRA Arbitration | Class Action Lawsuit |
|---|---|---|
| Speed | Typically 12–18 months | Can take several years |
| Control | You control your own case | One lead plaintiff decides |
| Potential Return | Based on your losses | Usually smaller payouts |
| Privacy | Private dispute process | Public court filing |
Free Consultation with a Securities Attorney
If you have concerns regarding your investments with John Raymond Hebner or Moloney Securities, please call The White Law Group at 888-637-5510 for a free consultation. Our securities fraud attorneys can evaluate whether you may be eligible to file a claim for investment loss recovery.
For more information, visit us at
www.whitesecuritieslaw.com
Frequently Asked Questions (FAQs)
1. What are the allegations against John (Jack) Hebner?
Investors have filed multiple complaints alleging that Hebner made unsuitable investment recommendations and acted negligently while registered with Moloney Securities. Most complaints involve recommendations made between 2019 and 2021 and were resolved through financial settlements.
2. Can I sue Moloney Securities to recover my investment losses?
You may be able to file a FINRA arbitration claim against Moloney Securities if you were sold unsuitable investments or if the firm failed to supervise your broker properly. FINRA arbitration is the primary avenue for resolving disputes with brokerage firms and their advisors.
3. How much does it cost to hire a securities attorney?
The White Law Group typically represents investors on a contingency fee basis, meaning we only get paid if we recover money for you. Initial consultations are always free of charge.
