Last Updated: February 2025 (Albany, NY)
Here’s What You Need to Know About Albany, NY, stockbroker Colleen Maron:
- Name: Colleen Alice Maron
- CRD #: 2211633
- Current Employer: Not currently registered with FINRA
- Prior Employers:
- Purshe Kaplan Sterling Investments (PKS) (10/2016 – 12/2023)
- MML Investors Services, LLC (01/2004 – 04/2016)
- Phoenix Equity Planning Corporation (05/2003 – 10/2003)
- WS Griffith Securities, Inc. (02/1998 – 10/2003)
- W.S. Griffith & Co., Inc. (02/1992 – 03/1997)
- Function: Stockbroker / Financial Advisor
- Primary Location: Albany, NY
- Can Colleen Maron be sued in FINRA arbitration? Yes
- Sanctioned by FINRA? No
- Pending Customer Dispute Seeks Damages: $2,160,000
If you’ve sustained damages from Ms. Maron, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Colleen Maron As Your Stockbroker?
A pending FINRA arbitration claim alleges that Colleen Maron engaged in misrepresentation and negligence by recommending unsuitable investments in multiple Delaware Statutory Trusts (DSTs).
- Alleged Misconduct: Misrepresentation, negligence, and unsuitable investment recommendations
- Product Type: Real Estate Security (DSTs)
- Alleged Damages: $2,160,000
- Date of Filing: June 20, 2024
- Docket/Case #: FINRA Case No. 24-01290
What is a Delaware Statutory Trust (DST) ?
Allegations of Broker Misconduct Against Colleen Maron
Customers of Colleen Maron have alleged the following misconduct in connection with handling investment accounts:
- Misrepresentation – Clients claim that Maron provided misleading information about DST investments.
- Unsuitable Investment Recommendations – Investors claim the DSTs Maron recommended were not appropriate given their financial goals and risk tolerance
Delaware Statutory Trust – A Delaware Statutory Trust (DST) is a legally recognized real estate investment trust (REIT) in which investors can purchase fractional ownership in property as beneficiaries of the trust.
Internal Revenue Ruling 2004-86 declared that DST’s are like-kind and therefore qualify as 1031 exchange property. A 1031 exchange allows real estate investors to swap one investment for another and defer capital gains taxes.
Ownership of real property as a beneficiary of the DST offers investors the same benefits and risks as direct ownership without the management responsibility since a trustee is appointed to manage the property on behalf of the investors. Since the IRS has declared ownership of real property via a Delaware Statutory Trust to be like kind property for purposes of 1031 exchange, a much broader and diverse selection of investment property is now available.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Colleen Maron, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
Other investigations of Purshe Kaplan Sterling brokers
Investigations of Other MML Investors Services brokers
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.