National investment loss lawyers KlaymanToskes is investigating broker Chadwick Watson (CRD# 2183286) formerly of Lincoln Financial Advisors (now known as Osaic FA). Watson is currently registered as a broker and investment advisor with LPL Financial.
According to FINRA BrokerCheck, broker Chadwick Watson is currently involved in several customer complaints alleging unsuitable recommendations to invest in oil & gas investments and $380,000 in collective investor damages.
Investors that suffered losses with broker Chadwick Watson are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Chadwick Watson, formerly of Lincoln Financial advisors, is currently facing numerous customer complaints alleging unsuitable investment recommendations in oil & gas investments. The customers involved in three separate complaints allege $380,000 in collective damages. According to FINRA BrokerCheck, broker Chadwick Watson was employed with Lincoln Financial Advisors (now known as Osaic FA) until October 2024 in Annapolis, MD. Watson is currently registered as a broker and investment advisor with LPL Financial.
According to the broker’s comments listed on the disclosures, “This claimant moved their claim to this new arbitration due to geographic reasons. The original arbitration number was 24-00348, filed on 2/14/2024.” Additional brokers’ comments state “I vehemently deny any merits to the claim that the investment was “unsuitable”. The claim was a class action suit again Lincoln Financial not me as the advisor.” and “We vehemently deny any merits to the claim that the investment was “unsuitable”. The claim was a class action suit against Lincoln Financial not me as the advisor.”
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Chadwick Watson, or have concerns regarding your investment portfolio at Lincoln Financial Advisors (now known as Osaic FA), LPL Financial, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.