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Marcus Parker Formerly With Wells Fargo Clearing Services, LLC Has 2 Customer Complaints For Alleged Broker Misconduct

Who is Marcus Parker formerly with Wells Fargo Clearing Services, LLC?

Marcus Parker (CRD #1031962) who was formerly registered with Wells Fargo Clearing Services, LLC and located in Santa Fe, New Mexico is a subject of one of our many securities industry sales practice abuse investigations.

Marcus Parker has also been the subject of a FINRA investigation. In 2018, without admitting or denying the findings, Marcus Parker consented to a permanent bar from any further association with any member firm for refusing to respond to FINRAs request for documents and information in connection with its investigation of his termination of employment after he failed to appear for an interview and questioning about misappropriations in clients’ accounts.

Marcus Parker Customer Complaints

Marcus Parker has been the subject of 2 customer complaints that we know about. One of Marcus Parker’s customers’ complaints was denied and the customers did not take any further action. There is currently one pending customer complaint filed against Wells Fargo Clearing Services, LLC for investment losses caused by Marcus Parker’s alleged misconduct.

Allegations Against Marcus Parker

A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:

  • Client alleged unsuitable investment recommendations by Marcus Parker.
  • Plaintiff alleged that Marcus Parker made unauthorized transactions instead of managing the Plaintiff’s assets as expected.

Marcus Parker Red Flags & Your Rights As An Investor

Of course, Marcus Parker did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Marcus Parker at Wells Fargo Clearing Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Marcus Parker has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Wells Fargo Clearing Services, LLC also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

File A Claim To Recover Your Investment Losses At Wells Fargo Clearing Services, LLC Due To Marcus Parker

If you have questions about Wells Fargo Clearing Services, LLC and/or Marcus Parker and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.

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Robert Wayne Pearce

Robert Wayne Pearce of The Law Offices of Robert Wayne Pearce, P.A. has been a trial attorney for more than 40 years and has helped recover over $170 million dollars for his clients. During that time, he developed a well-respected and highly accomplished legal career representing investors and brokers in disputes with one another and the government and industry regulators. To speak with Attorney Pearce, call (800) 732-2889 or Contact Us online for a FREE INITIAL CONSULTATION with Attorney Pearce about your case.

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