Switch to ADA Accessible Theme
Close Menu
Free Consultation: 888-976-6111

Elvis Parkes: Investor Complaints Against New York City Adviser

Investor complaints against New York City financial adviser Elvis Parkes (CRD#: 2358223) allege conduct including unsuitable recommendations, unauthorized trading, and excessive transactions. Parkes is a representative of Reid & Rudiger, where he has been registered since 2008, according to information drawn from Financial Industry Regulatory Authority records.

A pending 2018 complaint alleges that as a representative of Reid & Rudiger, Elvis Parkes executed excessive and reckless trading. The complaint alleges unspecified damages.

A 2018 complaint alleged that as a representative of Reid & Rudiger, Elvis Parkes made unsuitable recommendations of over-the-counter equity securities. The complaint reached a settlement in 2019 of $35,000.

A 2016 complaint alleged that as a representative of Reid & Rudiger, Elvis Parkes recommended unsuitable over-the-counter and common and preferred stock products. The complaint reached a settlement of $65,000.

A 2007 complaint alleged that as a representative of First Republic Group, he executed an unauthorized trade. The complaint reached a settlement of $5,000.

A 2006 complaint alleged that as a representative of First Republic Group, he made excessive commission charges in connection to equity investments. The complaint reached a settlement of $131,000.

A 2006 complaint alleged that as a representative of First Republic Group, he recommended an unsuitable transaction. The complaint reached a settlement of $118,109.46.

A 2006 complaint alleged that as a representative of First Republic Group, he made unauthorized trades. The complaint reached a settlement of $1,224.55.

Elvis Parkes has been registered as a broker with Reid & Rudiger in New York City since 2008. His employment history includes Capital Growth Financial in New York City; First Republic Group in New York City; Briarwood Investment Counsel in New York City; Nichols Safina Lerner & Company in New York City; the Boston Group in Los Angeles, California; and Gruntal & Company in New York City. He currently holds 34 state licenses and has passed three securities industry qualification examinations.

Facebook Twitter LinkedIn
Contact Us For A Free Case Evaluation
Latest Blog Posts
  • Becky Henson, Ex-Intervest Advisor, Receives GWG L Bond Complaint

    Bradenton, Florida financial advisor Becky Henson (CRD# 4383083) recently received an investor complaint alleging misrepresentation and other forms of misconduct....

    Read More
  • Mitchell Riesenberger: Options Overlay Complaint Against UBS Advisor

    An options overlay complaint is the subject of a recent investor complaint against Mitchell Riesenberger (CRD# 2990475), an advisor at...

    Read More
  • Mark Elias: Houston Advisor Lands Option Overlay Complaints

    Several recent investor complaints allege that UBS Financial Services advisor Mark Elias (CRD# 2938707) misrepresented and recommended unsuitable investments. Financial...

    Read More
  • Don Harrell: Suitability Complaint Against Morgan Stanley Advisor

    Laguna Niguel financial advisor Don Harrell (CRD# 2222409) allegedly made unsuitable recommendations, according to a recent investor complaint against him....

    Read More
  • Previous
  • Next