MARCUS PARKER Investment Losses – Can You Get Your Money Back?
Marcus Parker, formerly with Wells Fargo, Barred from the Securities Industry
Have you lost money with financial advisor Marcus Parker of Santa Fe, New Mexico? We are investigating allegations made by FINRA, the Financial Industry Regulatory Authority, against Marcus Duane Parker. FINRA barred Parker from the securities industry after he failed to respond to a FINRA investigation. FINRA was investigating Parker after he was terminated by his brokerage firm, Wells Fargo. Wells Fargo terminated him after he failed to appear for an interview regarding alleged misappropriation (or theft) from client accounts.
Marcus Parker was a financial advisor and registered representative of Wells Fargo from 2008 to December 2017. He worked at a branch office in Santa Fe, New Mexico.
Brokerage firms like Wells Fargo have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Ann Arbor, Michigan; and Seattle, Washington. We represent investors in FINRA arbitration proceedings in all 50 states, including investors throughout New Mexico, including in Santa Fe and Albuquerque. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including Wells Fargo.
Click to view: Parker, Marcus BrokerCheck 2.20.18
Click to view: Parker, Marcus FINRA AWC
If you lost money with Marcus Parker or Wells Fargo, please CONTACT US at 720-599-3505 for a free evaluation of your case.
Israels & Neuman, PLC is a private law firm and is not affiliated with any government or law enforcement agency. Any investigation referenced in this blog is independent in nature and is being conducted by our law firm privately, not in conjunction with any government or law enforcement agency. All information contained in this blog should be deemed statements of opinion derived from the author’s review of public records, not statements of fact. This blog is advertising material and does not create an attorney client relationship, nor does it constitute legal advice. Everyone’s situation is different and the question of whether or not you have a claim will vary on a case-by-case basis. In contingent representation, clients may still be liable for costs.