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Shawn Parker Formerly With Ameriprise Financial Services, LLC Has 8 Customer Complaints For Alleged Broker Misconduct

Who is Shawn Parker formerly with Ameriprise Financial Services, LLC?

Shawn Parker

Shawn Parker (CRD #1768234) who was formerly registered with Ameriprise Financial Services, LLC and located in Schaumburg, Illinois, is a subject of one of our many securities industry sales practice abuse investigations. Prior to Ameriprise Financial Services, LLC, Shawn Parker was associated with other investment advisory and brokerage firms with a history of customer complaints and securities industry regulatory problems. Shawn Parker has had her own regulatory problems. In 2022 she consented to the sanction and to the entry of findings that she converted at least $25,000 from her member firm. She was permanently barred from any further association with any FINRA member firm in any capacity in the future.

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Shawn Parker Customer Complaints

Shawn Parker has been the subject of 8 customer complaints that we know about to recover investment losses. One customer complaint was settled by Ameriprise Financial Services in favor of the investor. The other 7 customer complaints were denied and, to date, the investors have not taken any further action.

Allegations Against Shawn Parker

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

  • Misrepresentation of the futures and benefits of a variable annuity contract.
  • Misrepresentation of two REITs and a business development company investment.
  • Unsuitable REIT and BDC investment recommendations.
  • Variable annuity contract was misrepresented.
  • Failure to disclose tax consequences of an investment.

Shawn Parker Red Flags & Your Rights As An Investor

Of course, Shawn 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 Shawn Parker at Ameriprise Financial Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Shawn Parker has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Ameriprise Financial Services, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.

Did You Lose Money Because of Broker Misconduct?

best investment fraud lawyers

If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.

Need Legal Help? Let’s talk.

or, give us a ring at 561-338-0037.

File A Claim To Recover Your Investment Losses At Ameriprise Financial Services, LLC Due To Shawn Parker

If you have questions about Ameriprise Financial Services, LLC and/or Shawn 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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