STEPHEN GLOVER PARKS – SKYSTONE SECURITIES, LLC Broker Has An Investor Complaint – May Recover Investor Losses
SKYSTONE SECURITIES, LLC Broker, STEPHEN GLOVER PARKS Has An Investor Complaint.
CRD#: 5074732
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
STEPHEN GLOVER PARKS (CRD#: 2616702), a broker for SKYSTONE SECURITIES, LLC in Dallas, TX, has an investor complaint. According to PARKS’ FINRA BrokerCheck report, Claimant’s financial advisor, Stephen Glover Parks (“Parks”), recommended a wholly unsuitable investment strategy to the Claimant. Specifically, Claimant was solicited to invest in two speculative, alternative investments which were unsuitable for him, but which generated substantial revenue for Respondents. These conflicted recommendations were wholly unsuitable for Claimant, were misrepresented to Claimant, and Respondents failed to conduct appropriate due diligence prior to selling at least one of them. As a result of these recommendations, Claimant lost substantial funds which cannot be recovered outside of this arbitration.
The complainants are requesting $5,000,000.00 for alleged damages.
SKYSTONE SECURITIES, LLC Broker, STEPHEN GLOVER PARKS Has An Investor Complaint.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $500 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 6/9/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.