Jon Pariser, Financial Advisor Barred from Securities Industry | Goodman & Nekvasil P.A., May Recover Investor Losses

Goodman & Nekvasil P.A., May Recover Investor Losses | Jon Pariser, Financial Advisor Barred from Securities Industry

Jon Pariser was a formerly licensed financial advisor with Independent Financial Group, LLC from 2014 to 2018 and SWS Financial Services, Inc. from 2013 to 2014. FINRA reports that Jon Pariser was discharged from SWS Financial Services, Inc. on June 20, 2014. SWS Financial Services, Inc. reported to FINRA that during a routine review of e-mail correspondence, Firm supervisory personnel discovered email correspondence containing statements potentially indicating that Jon Pariser had utilized unauthorized discretion. The Firm reported to FINRA that upon further discussion with both the customer and Jon Pariser, Firm supervisory personnel determined that Jon Pariser had indeed utilized unauthorized discretion in the customer’s account.  

According to publicly available records, Jon Pariser allegedly informed his clients that Jon Pariser would be retiring, and that Christopher Parris would take over for him. The SEC alleges that Christopher Parris persuaded his newly acquired clients — victims— to withdraw their savings from traditional investments and invest in issuers controlled by Christopher Parris and/or his associates, including First Nationle Solution LLC, Percipience Global Corporation, and United RL Capital Services.

Jon Pariser was barred from the securities and investment banking industry on October 4, 2018. FINRA reports that Jon Pariser consented to the sanction and to the entry of findings that Jon Pariser failed to provide FINRA with requested documents and information related to allegations that Jon Pariser may have referred some of Jon Pariser’s customers to an individual who was not registered and who may have recommended or sold potentially unsuitable securities to them.

If you lost any money on investments with Jon Pariser, you may be able to recover your losses from Independent Financial Group, LLC and/or SWS Financial Services, Inc. This is because Independent Financial Group, LLC and SWS Financial Services, Inc. had a duty to supervise Jon Pariser.

If you lost money on investments with Jon Pariser and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action against Independent Financial Group, LLC and/or SWS Financial Services, Inc. concerning Jon Pariser’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $180 million on behalf of victimized investors. If you lost money on investments with Jon Pariser and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

 

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