Walter Parker (Walter Warren Parker) has consented to a sanction from FINRA (the Financial Industry Regulatory Authority). FINRA is a non-governmental regulator of securities firms that focuses on investor protection and market integrity through effective and efficient regulation of the securities industry. The attorneys of Fishman Investment Fraud Lawyers are currently investigating possible claims against stockbroker Walter Parker.
In April 2018 Walter Parker was suspended by FINRA for one month from practicing as a broker. Walter Parker worked for Titan Securities in Rowlett, Texas from 2006 to 2018.
Walter Parker was previously associated with ING Financial Partners.
FINRA alleges that Walter Parker engaged in the following misconduct: he made investment recommendations to a customer that were not suitable given her age, risk tolerance, financial experience and liquidity..
While the customer has little experience in investing, Walter Parker suggested upon opening the account that the customer invest in illiquid, alternative investments. The source of funding for this was from her retirement account, and the customer suffered significant losses as a result.
In other pending investigations by FINRA, customers allege that Parker made unsuitable investments.
Walter Parker has been the subject of at least 7 customer disputes.
If you invested money through Walter Parker, we would like to talk to you. Fishman Investment Fraud Lawyers are experienced securities litigators. We have helped hundreds of clients recover their losses that were due to broker fraud or negligence. Contact us today to discuss your options and receive a free consultation.
Fishman Investment Fraud Lawyers represents investors who have suffered investment losses in claims against their brokers or financial advisors. Our experienced attorneys have brought securities fraud cases in state and federal courts across the nation, as well as in FINRA arbitration. We work to help investors recoup their losses.
Of course, all cases are different. For that reason, we analyze each client’s matter individually and provide our personalized evaluation only after considering all of the facts and circumstances of all possible claims. If you or someone you know is the victim of securities fraud, please contact a Fishman Investment Fraud lawyer today.