fbpx

Financial Advisor Walter Parker Sanctioned By FINRA And Has Been The Subject Of Seven Customer Complaints

The Wolper Law Firm is currently investigating claims against Walter Parker, a former Financial Advisor at Titan Securities in Texas.  Walter Parker has been in the securities industry since the 1991 and previously worked for ING Financial Partners, Locust Street Securities and BMA Financial Services.

According to publicly available records released by the Financial Industry Regulatory Authority (FINRA), on April 18, 2018, Walter Parker was sanctioned by FINRA, receiving both a fine and a one month suspension.

https://brokercheck.finra.org/individual/summary/2131232#disclosuresSection

In addition, since 2012, Walter Parker has been the subject of seven (7) customer complaints, including two that remain pending.

  • November 2017—Customer alleges that real estate investment trust (REIT) was “unsuitable.” Alleged damages are $54,328.
  • October 2017—Customer alleges unsuitable investments. Alleged damages are $300,000
  • May 2017—Customer alleged “unsuitable product.” The matter was settled for $37,119
  • August 2016—Customer alleged “unsuitable product.” The matter was settled for $70,000.
  • November 2015—Customer alleged “unsuitable investment/misrepresentation of investment.” The matter was settled for $60,000.

If you or someone you know was a customer of Walter Parker or Titan Securities and you experienced investment losses, please contact the Wolper Law Firm at 800.931.8452 or by email at mwolper@67.43.6.64 to discuss your specific situation and the legal options available.  The Wolper Law Firm represents investors nationwide in securities litigation and arbitration.

Attorney Matthew Wolper

Attorney Matthew WolperMatt Wolper is a trial lawyer who focuses exclusively on securities litigation and arbitration. Mr. Wolper has handled hundreds of securities matters nationwide before the Financial Industry Regulatory Authority (FINRA), American Arbitration Association (“AAA”), JAMS, and in state and federal court. Mr. Wolper has handled and tried cases involving complex financial products and strategies ranging from traditional stocks and bonds to options, margin and other securities-based lending products, closed/open-end mutual funds, structured products, hedge funds, and penny stocks. [Attorney Bio]