COMPLAINTS Against JAMES PARRELLY of Investment Planners

Israels & Neuman, PLC

James Parrelly, Formerly with Investment Planners, Subject of Customer Complaints

DEARBORN, MICHIGAN

Are you a former customer of James Parrelly also known as Jim Parrelly from Dearborn, Michigan? The investment fraud and securities arbitration law firm of Israels & Neuman is looking into allegations made by former customers of James Parrelly and his former brokerage firm, Investment Planners. In April 2021, a customer complained that Parrelly engaged in unsuitable trading activity. The claim was brought against Investment Planners, and the customer seeks $206,000 in damages.

Jim Parrelly was registered with Investment Planners from March 2015 to July 2020. He was also registered with a number of other firms between 1981 and 2015. He has been the subject of seven other customer complaints, three regulatory actions, and he was also terminated by Investment Planners in 2020 for using personal email and texts to communicate with clients. James Parrelly also filed for bankruptcy in 2021.

Investment Planners is a FINRA member firm and has an obligation to follow all FINRA rules. Included in those rules is a responsibility to sufficiently supervise the activities of its representatives, including Jim Parrelly. In addition, Parrelly had an obligation to make suitable investment recommendation pursuant to FINRA Rule 2111.

Attorney Aaron Israels is licensed to practice law in Michigan, and our firm maintains an office in Ann Arbor, Michigan. Mr. Israels grew up in Holland, Michigan and went to law school in Detroit.

View BrokerCheck: Parrelly, j BrokerCheck 4.5.22

If you lost money with James Parrelly a/k/a Jim Parrelly or Investment Planners, please Contact Us at 720-599-3505 for a free evaluation of your case.

Topics

Client Reviews

What are past clients saying about Israels & Neuman, PLC?

View More
Submit a Law Firm Client Review

Aaron Israels was diligent, professional, knowledgeable and extremely thorough. My legal ordeal was quite cumbersome but Aaron was present, willing and ready to go the extra mile for me. I HIGHLY RECOMMEND, Israels and Neuman, PLLC for...

Kay H.

I have worked with many attorneys over the course of my career in both large and small businesses. Dave and Aaron are an outstanding legal team. I used Dave and Aaron for a personal situation that called for a hands on detailed approach. I found...

Fred S.

Aaron created our wills and offered solutions that made the process easy and pain free. We recently needed to amend our wills, and he made suggestions that made a better distribution that we had not thought of prior to meeting with him. He was...

Debra K.

I have worked with Aaron Israels for over eight years and can confidently say that he is the most honest and hard-working attorney I know. He not only gets results, but he also genuinely cares about his clients and colleagues. If you have a...

Tony E.

Mr. Aaron Israels set up our business by listening to us and creating a structure legal structure that was exactly what we wanted and needed. All of the work was set up in a binder for easy access to all information along with clear instructions...

Tom K.

Are You a Victim of Investment Fraud?

  1. 1 Free Confidential Consultation
  2. 2 Available 24/7
  3. 3 20+ Years of Experience
Fill out the contact form or call us at (616) 280-4303 to schedule your free confidential consultation.

Leave Us a Message