Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker William Parse (Parse), previously associated with Stifel, Nicolaus & Company, Incorporated, has at least one disclosable event. These events include one customer complaint, alleging that Parse recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a settled customer complaint with a damage request of $150,000.00 on June 20, 2023.
Claimants allege violation of the Michigan Uniform Securities Act, negligence, failure to recommend suitable investments, misrepresentation and omission of material facts, breach of fiduciary duty and breach of contract.