Gretchen Marie Schorr, Formerly of Moloney Securities, Facing Customer Dispute Alleging Solicitation of Unsuitable Recommendations

The client is seeking over $200k in damages for Schorr’s alleged misconduct.

The Sonn Law Group is investigating allegations that Gretchen Schorr recommended unsuitable investments. If you or a family member has suffered losses investing, we want to discuss your case. Please contact us today for a free review of your case.

Gretchen Marie Schorr (CRD#:704073) was registered as a broker with Moloney Securities from 2015 until 2019. Previously, Schorr was registered as a broker with Independent Financial Group from 2007 until 2015.

Schorr has nine disclosures on her BrokerCheck report.

May 2020 Customer Dispute

• Status: Pending
• Allegations: Clients allege that they were solicited unsuitable recommendations.
• Damage Amount Requested: $246,000.00

April 2019 Financial Judgment

• Status: Final
• Type: Bankruptcy
• Disposition: Dismissed

July 2014 Judgment / Lien

• Judgment/Lien Amount: $5,005.00
• Judgment/Lien Type: Tax

March 2012 Judgment / Lien

• Judgment/Lien Amount: $7,015.81
• Judgment/Lien Type: Tax

July 2014 Judgment / Lien

• Judgment/Lien Amount: $5,005.00
• Judgment/Lien Type: Tax

March 2012 Financial Judgment

• Status: Final
• Type: Bankruptcy
• Disposition: Discharged

October 2011 Judgment / Lien

• Judgment/Lien Amount: $3,546.00
• Judgment/Lien Type: Tax

December 2010 Judgment / Lien

• Judgment/Lien Amount: $8,934.86
• Judgment/Lien Type: Tax

March 2000 Customer Dispute

• Status: Settled
• Allegations: Breach and negligence of fiduciary obligation; violation of CA Civil Code 3345; elder abuse. From prior filing of 03/10/00
• Damage Amount Requested: $90,000.00
• Settlement Amount: $40,000.00
• Broker Comment: Respondent seeking attorney consultation. Respondent denies allegations. 10/23/2002 without admitting or denying any wrongdoing client/broker settled prior to arbitration.

March 1990 Employment Separation After Allegations

• Firm Name: Brookhill Equities Inc.
• Termination Type: Voluntary Resignation
• Allegations: I supposedly took property belonging to Brookhill when I vacated my office. As I recall the items in question were two books that I thought belonged to me. I later returned them. Also negative feelings existed between [the] firm and myself.
• Broker Comment: I thought the books belonged to me as I had many similar ones that I owned. The negative feelings that existed were because the principals were managing assets contrary to the [value] strategy that was sold to clients. A lot of clients left the firm.

Contact Us Today

The Sonn Law Group is currently investigating allegations that Gretchen Marie Schorr recommended unsuitable investments. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.