There are options for customers of former UBS Financial Services Inc. broker Parker Brickley (CRD# 6334260). He has been registered with UBS Financial Services Inc. in New York, New York from 2016 to 2022, when he was terminated regarding, “Employee was discharged after review determined he entered into an undisclosed financial arrangement with a third party that compensated him for providing aggregated research reports outside the scope of his employment.”
Parker Brickley Customer Complaints
He has been the subject of one customer complaint in 2022, according to his CRD report:
May 2022. “Time Frame: August 10, 2021 What were the allegations against the individual? Client alleges they were assured that for two years they would only have to pay the interest and if needed, the loan terms could be extended. The client further alleges the loan agreement was based on lies and facts not disclosed to the bank by these individuals.” The customer is seeking $8 million in damages and the case is currently pending. The complaint was regarding losses due to investments in common and preferred stocks and closed-end funds (CEFs).
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, UBS Financial Services Inc. may be liable for investment or other losses suffered by Parker Brickley’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.