Kelsey Marie Molyet—Falsification of Documents, Written Misrepresentations, Impersonating a Customer

investment fraud attorneysKelsey Marie Molyet Allegedly Falsified Documents Including Checks and Account Statements, Providing them to Firm Customers and Their Agents

Kelsey Marie Molyet, who became employed by J.J.B. Hilliard, W.L. Lyons, LLC in July of 2009, allegedly falsified documents including checks and account statements, according to a recent FINRA Letter of Acceptance, Waiver and Consent (AWC).

Molyet also allegedly provided said checks and account statements to J.J.B. Hilliard, W.L. Lyons, LLC customers and their agents, the AWC notes.

J.J.B. Hilliard, W.L. Lyons, LLC, on August 4, 2014, reportedly terminated Molyet’s employment with the firm, the AWC also reports.

Kelsey Marie Molyet Allegedly impersonated a customer during telephone calls with third parties; Barred by FINRA

Kelsey Marie Molyet allegedly impersonated a customer during telephone calls with third parties, according to the AWC, and hence, allegedly violated FINRA Rules.

In September 2014, Molyet also allegedly violated FINRA Rules by falsely asserting, in response to an information request from Staff, that she did not alter documents before sending them to customers and their agents, the AWC reports.

Kelsey Marie Molyet, as a result of allegedly violating multiple FINRA Rules, has been barred by FINRA.

One should also note that, according to the AWC, Kelsey Marie Molyet neither admitted nor denied the FINRA findings.

The Peiffer Wolf Carr & Kane Securities Lawyers Often Assist Investors

The Peiffer Wolf Carr & Kane securities lawyers assist investors who lose money as a result of brokers falsifying documents. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of brokers impersonating customers are encouraged to contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (585) 310-5140.

Peiffer Wolf (1270 Posts)

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.