bderiggi, Welcome to Saltwaterfish.com!
You should always be alarmed when you don't quarantine new fish before introducing it to your display. Fish do carry parasites from the wild, and it is always a very good idea to take care of the parasites before introducing the fish [with its parasites] to your tank.
Also, it is really not necessary or a good idea to place a fish in a cycling a tank. A new tank will cycle very well with LR.
Is this just a single parasite? Or are you seeing more by now? You really can't treat parasites in a display tank.