Category Archives: Titan Securities

Timothy Walsh-Fortune Financial Services Broker-Discloses Settlement of Customer Suit-Fort Worth, TX

May 2018-Ft. Worth, Texas

The FINRA records of  Timothy D. Walsh ,  a    broker who is employed by Fortune Financial Services  disclose a pending customer dispute  and a prior termination from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In FINRA Case 17-01114,  a customer of World Choice Securities and Fortune Financial Services alleged that Walsh sold them a sophisticated investment in a variable annuity. That case was settled for $25,000.

 

Timothy Walsh has been employed by Fortune Financial Services since 6/2016. He was employed by World Choice Securities in 10/2012 until he was discharged in 5/2016 for violating written policy procedures on advertising. Prior to that Walsh was employed by Titan Securities from 1/2010-10/2012.

If you have losses in an account  handled by Timothy D. Walsh, contact us for a no charge consultation to discuss your legal options for recovery.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney, at no cost to you.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Clyde D. Jones-Titan Securities Broker-Subject of Numerous Viatical Related Customer Complaints-Addison, TX

May 2018-Addison, Texas

The FINRA records of  Clyde D. Jones ,  a   stockbroker who is currently registered with Titan Securities disclose a pending customer dispute, 8  prior final customer disputes  and 2 terminations from employment.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In the pending matter, a customer of Jones‘ prior employer, Eagle One Investments, seeks damages of $108,673 in connection with an unsuitable recommendation to invest in a viatical settlement.

The prior customer cases against Jones include the following:

FINRA case #15-02868-a customer of Titan Securities alleged damages of $425,649 for an unsuitable recommendation to invest in a viatical settlement. That case was settled in 12/2016 for $100,000.

FINRA case#15-2480-a customer of Titan Securities alleged damages of $133,680 for misrepresentation and unsuitability in connection with an investment in a viatical settlement. That case was settled in 8/2016 for $135,768.

Viatical Settlement

A viatical settlement is a contract whereby a person diagnosed with a terminal illness sells their life insurance policy for less than its face value in order to obtain a portion of the proceeds while still alive. The buyer (investor) obtains the full value of the policy upon the death of the insured.

Jones has been employed by Titan Securities since 9/2015. From 1/2013-11/2014 he was with EDI Financial. Prior to that he was with Titan Securities from 8/2008-12/2012.

In 8/2008 Jones was discharged from Eagle One Investments for failing to notify compliance about a customer complaint. In 4/2000 he was “permitted to resign” from Invest Financial Corp. 

If you have losses in an account in an account handled by Clyde D. Jones or if you have losses on an investment in Viatical Settlement  , contact us to discuss how you may be able to recover damages for those losses.

Titan Securities is headquartered in Dallas, Texas, and has been a FINRA member since 2004. They have about 13 brokers located in 7 branch offices in:

  • Arlington, TX
  • Abilene, TX
  • Overland Park, KS
  • Dallas, TX
  • Rowlett, TX
  • Henrico, VA
  • Kingston, OK

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Brad Brooks-Titan Securities Broker-Discloses Customer Suit-Addison, TX

May 2018- Addison, Texas

The FINRA records of  Brad C. Brooks ,  a   broker who is employed by  Titan Securities  disclose one pending customer dispute , 4 prior final customer disputes, a pending regulatory event and a prior final regulatory event.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

In pending FINRA case 17-2747 a customer of Titan Securities seeks damages of $300,000 and alleges that Brooks failed to supervise the broker.

In the currently pending regulatory matter FINRA alleges that Brooks failed to adequately supervise the outside business activities of one of the brokers for which he was responsible. The outside business activities involved the sale of private investments and limited partnership units. FINRA Case 2013035345701. 

 

Brad Brooks has been employed by Titan Securities since 10/2005.

Titan Securities is headquartered in Dallas, Texas, and has been a FINRA member since 2004. They have about 13 brokers located in 7 branch offices in:

  • Arlington, TX
  • Abilene, TX
  • Overland Park, KS
  • Dallas, TX
  • Rowlett, TX
  • Henrico, VA
  • Kingston, OK

If you have questions about an account  handled by Brad C. Brooks , contact us for a no charge consultation to discuss your legal options for recovery.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney, at no cost to you.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Walter W. Parker-Titan Securities Broker-Discloses Settlements of Customer Suits and a Regulatory Investigation-Rowlett, Texas

APRIL 2018 UPDATEWalt Parker suspended in connection with sale of alternative investments, assessed $7,500 fine by FINRA. Read more here. 

March 2018-Rowlett, Texas

The FINRA records of  Walter W. Parker ,  a  broker with  Titan Securities  disclose 2 pending customer disputes ,5 prior final customer disputes and a pending regulatory investigation.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

Parker discloses that in November 2017 he was notified of an investigation by FINRA related to direct participation programs and a suitability investigation.

In November 2017 a customer of Titan Securities made  a complaint alleging that investments in UDF (United Development Funding) and ARC NYC were unsuitable and is seeking $54,329.

In currently pending FINRA Case 17-2747 a customer of Titan Securities alleges unsuitable investments and is seeking damages of $300,000.

 

In FINRA Case 16-2349 a customer of Titan Securities alleged that they were sold UDF (United Development Funding) which was unsuitable for the customer and he did not understand the risks and did not understand that UDF was illiquid. That case was settled for $70,000 in June 2017.

In another previous case, FINRA #16-1929, a customer of Titan Securities alleged damages of $50,000 related to an investment in UDF (United Development Funding) which the client states was unsuitable and that he did not comprehend the risks or the fact the investment was illiquid.  That case was recently settled for $16,500.

In FINRA case 15-02351 a customer of Titan Securities alleged that an investment in a viatical settlement was misrepresented and unsuitable. That case was settled in October 2017 for $60,000.

 

 

Walter Parker has been employed by Titan Securities since 8/2006. Parker discloses a business relationship with InsuranceMakesMe Sick.com and InvestingMakesMeSick.com in Rowlett, TX.

Titan Securities is headquartered in Dallas, Texas, and has been a FINRA member since 2004. They have about 13 brokers located in 7 branch offices in:

  • Arlington, TX
  • Abilene, TX
  • Overland Park, KS
  • Dallas, TX
  • Rowlett, TX
  • Henrico, VA
  • Kingston, OK

If you have losses in an account in an account handled by Walter Parker , contact us to discuss how you may be able to recover damages for those losses.

United Development Funding’s Office Raided by the FBI-for more information on recent problems for UDF, follow this link.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870

Walt Parker-Former Titan Securities Broker-Subject of Numerous UDF Suits & Regulatory Suspension – Rowlett , Texas

UPDATED AUGUST 2018-Rowlett, Texas

The FINRA records of  Walter (Walt) Parker ,  a  currently unregistered  broker who was last employed by  Titan Securities  disclose 3 pending customer disputes , 5 prior final customer disputes and a recent regulatory investigation resulting in suspension.

The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.

FINRA commenced an investigation in November 2017 related to suitability of sales of direct participation programs by Parker.In April 2018 Parker was suspended for a month and fined $7,500 by FINRA. Without admitting or denying the findings, Parker agreed to entry of findings that he made investment recommendations to a customer that were not suitable given her age, risk tolerance, financial experience and liquidity. The subject investments were illiquid alternative investments which he recommended she put in her retirement account resulting in significant losses. FINRA Case#20160504921.

In July 2018 a customer of Titan Securities filed FINRA Case 18-2577 alleging that they were sold unsuitable investments in limited partnerships and is seeking damages of $183,691.

In pending FINRA case 17-2747 a customer of Titan Securities seeks damages of $300,000 for unsuitable investments.

In another currently pending case a Titan Securities customer claims that United Development Funding (UDF) and ARC NYC are unsuitable recommendations and the customer seeking damages  of $54,329.

In  a prior matter, FINRA Case 15-235,  a customer of Titan Securities alleged damages of $211,975 related to an investment in a viatical settlement which the customer alleges was unsuitable and that it was misrepresented. That case settled for $60,000.

In prior matter FINRA Case 16-2349,  a customer of Titan Securities alleged that they were sold UDF (United Development Funding) which was unsuitable for the customer and he did not understand the risks and did not understand that UDF was illiquid. That case was settled for $70,000.

Another complaint was filed by a customer of Titan Securities in connection with an investment in a real estate investment trust (REIT) alleging that the product was unsuitable and that the client did not understand that the product was illiquid. That case was settled in June 2017 for $37,119.

In  prior matter FINRA #16-1929, a customer of Titan Securities alleged damages of $50,000 related to an investment in UDF (United Development Funding) which the client states was unsuitable and that he did not comprehend the risks or the fact the investment was illiquid.  That case was recently settled for $16,500.

Walter Parker was employed by Titan Securities from 8/2006 until 3/2018. Parker discloses a business relationship with InsuranceMakesMe Sick.com and InvestingMakesMeSick.com in Rowlett, TX.

Titan Securities is headquartered in Dallas, Texas, and has been a FINRA member since 2004. They have about 13 brokers located in 7 branch offices in:

  • Arlington, TX
  • Abilene, TX
  • Overland Park, KS
  • Dallas, TX
  • Rowlett, TX
  • Henrico, VA
  • Kingston, OK

If you have losses in an account  handled by Walter Parker , contact us for a no charge consultation to discuss your legal options for recovery.

United Development Funding’s Office Raided by the FBI-for more information on recent problems for UDF, follow this link.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney, at no cost to you.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 

Texas-512-329-2870