Lynda Louise Parker at BANKERS LIFE SECURITIES, INC. – View Complaints, Disclosures, Scams and Audit Report (Updated 2023)

CRD# 6779056
Lynda Louise Parker is an Investment Adviser, associated with BANKERS LIFE SECURITIES, INC. located at Westlake, OH. Lynda Parker’s Central Registration Depository (CRD) number is 6779056 and the FINRA Profile can be found at – https://brokercheck.finra.org/individual/summary/5134112.

Disclosure #1 for Lynda Parker

    • Event Date: 7/6/2021
    • Disclosure Type: Customer Dispute
    • Resolution: Denied
    • Allegations: On July 6, 2021, the firm received a written complaint, dated June, 25, 2021, addressed to Bankers Life and Casualty Company (BLC), an insurance company affiliate of the Firm. The complaint, written by a financial representative at an outside institution and signed by the client, contained an allegation that a Guaranteed Lifetime Income Annuity (GLIA) recommended by a financial representative of the firm and purchased from BLC in March of 2021 was unsuitable due to liquidity concerns. The complaint also alleged the client did not understand the features, benefits or the expenses of the annuity and requested that the annuity be cancelled, without surrender charges. BLC denied the complaint and determined that the GLIA was suitable for the client at the time it was recommended and further determined that the terms of the annuity were explained to the client. While the annuity sold to client was not a security and was issued by BLC, the Firm is reporting this complaint because the source of funding for the BLC annuity came from the sale of securities recommended by a financial representative of this Firm.
    • Damage Amount Requested: $10,943.00
    • Arbitration Docket Number:
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Should I file a FINRA complaint against brokers like Lynda Louise Parker?

Many investors (presumably, like yourself) are unaware of the legal recourse available to them after losing money due to securities broker fraud and/or negligence. The truth is that investors who lost money in this fashion may actually be entitled to damages. You may suffer significant losses at the hands of your financial advisors’ misconduct, such as if they misrepresented or failed to disclose the risks associated with a particular investment, recommended frequent trades for the sole purpose of generating commissions, or used high-pressure tactics to make a sale. The rules and regulations of securities laws and FINRA policies are complex, and investment loss claims require an extensive understanding of securities arbitration to achieve the best possible results.

Update - 2022.11.15If you have suffered investment losses that may have been caused by Lynda Louise Parker’s negligence or fraud, contact a FINRA lawyer today. Most FINRA lawyers work on a contingency fee basis, meaning that you will not be charged for their services unless they successfully collect money for you. Kindly add a comment, or contact us directly if you have any query, or want to be contacted by a FINRA lawyer today!

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Frequently Asked Questions About Lynda Louise Parker

What is Lynda Parker's Central Registration Depository (CRD) Number?

6779056

Which firm is Lynda Louise Parker associated with?

BANKERS LIFE SECURITIES, INC.

Where is Lynda Parker located?

2001 Crocker Rd Ste 520, Westlake, OH, 44145

Where can I find more details about Lynda Parker's Investment Firm?

Visit https://brokercheck.finra.org/firm/summary/173962 to read a detailed report for BANKERS LIFE SECURITIES, INC.

Are there any disclosures, allegations or complaints filed against Lynda Louise Parker?

Yes. There are disclosures, allegations, or complaints filed against Lynda Louise Parker. Click here to view all details

Where can I download a detailed FINRA report for Lynda Parker?

Click here to download a detailed FINRA report for Lynda Parker

Is it safe to do business with Lynda Louise Parker?

We’re not sure. Please research Lynda Parker’s disclosures, allegations and complaints before taking a decision

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