Louisiana-based USA Financial Securities broker/adviser Brian Parker is the subject of one customer complaint, one pending customer complaint, and one regulatory sanction. The securities and investment fraud law firm Fitapelli Kurta is investigating allegations against Mr. Parker (CRD# 2161106).
Brian Parker has spent 23 years in the securities industry and has been registered with USA Financial Securities in Covington and Metairie, Louisiana since September 2015. Previous registrations include MML Investors Services in Covington, Louisiana; Park Avenue Securities in Covington, Louisiana; National Planning Corporation in El Segundo, California; SunAmerica Securities in Phoenix, Arizona; Securities America in La Vista, Nebraska; ProFinancial in Baton Rouge, Louisiana; and Fidelity Equity Services Corporation. He is a registered broker and investment adviser with two US states: Louisiana and Mississippi.
According to his BrokerCheck report, Brian Parker is the subject of one regulatory sanction, one customer complaint, and one pending customer complaint.
In 2015 a customer alleged Brian Parker, while employed at MML Investors Services, recommended an unsuitable investment. The customer is seeking $10,000 in damages in the pending complaint.
In 2011 FINRA sanctioned Brian Parker following allegations he participated in outside business activities without providing proper written notice to his member firm, Park Avenue Securities. He was issued a one-month suspension and a fine of $5,000.
In 2011 Brian Parker was “permitted to resign” from his position at Park Avenue Securities following allegations he violated firm policies and procedures related to outside business activities.
In 2001 a customer alleged Brian Parker, while employed at National Planning Corporation, recommended an unsuitable variable annuity. The complaint settled in 2002 for more than $8,000.
If you have suffered losses as a result of investments made with Brian Parker, you may be able to recoup lost funds. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: we only receive payment if and when you recover money. You may have a limited window to file your claim, so we suggest you avoid delay. Call 877-238-4175 now to speak to an attorney for free.
This information based on publicly available documents provided by FINRA on April 13, 2016.