Last Updated: February 2025, Annapolis, MD
Here’s what you need to know about Annapolis, MD, stockbroker Chadwick K. Watson:
- Name: Mr. Chadwick Kingsley Watson
- CRD Number: 2183286
- Current Employer: LPL Financial LLC (Registered since October 15, 2024)
- Prior Employers:
- Osaic FA, Inc. (February 1992 – October 2024)
- The Lincoln National Life Insurance Company (February 1992 – April 2006)
- Function: Stockbroker / Financial Advisor
- Primary Location: Annapolis, MD
- DBA: Charter Financial Group
- Can Chadwick Watson be sued in FINRA arbitration? Yes
- Sanctioned by FINRA: No
- Highest Settlement or Award: $161,503
- Three Pending Customer Disputes Seek Damages of: $380,000.00
If you’ve sustained damages from Mr. Watson, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Chadwick Watson As Your Stockbroker?
Three customer disputes involving Chadwick Watson and allegations that he recommended unsuitable oil and gas investments have been settled:
- Case #22-02785. This case was settled for $71,000.00 on August 17, 2023.
- Case #22-01535, The settlement amount was $161,503.30 on October 6, 2023.
- Case #17-01469, filed on June 6, 2017, alleged unsuitable sales and failure to disclose key facts about a variable annuity, REIT, and oil and gas program. This case was settled for $150,000.00 on October 31, 2018.
Additionally, three pending disputes allege unsuitable oil and gas investments were made to customers of his prior employer, Lincoln Financial, seek total damages of $380,000.
Allegations of Broker Misconduct Against Chadwick Watson
Customers of Chadwick Watson have alleged the following misconduct in connection with his handling of their investments:
- Unsuitable Investment Recommendations: Multiple disputes claim that Mr. Watson recommended unsuitable high-risk oil and gas investments, potentially violating FINRA Rule 2111, which requires brokers to ensure investment recommendations align with a client’s risk tolerance and financial situation.
- Failure to Disclose Key Facts: Allegations of failure to disclose material information regarding variable annuities, REITs, and managed accounts may reflect breaches of FINRA Rule 2010, which mandates high standards of commercial honor.
See this for more information on REITs and Other Alternative Investments
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Recover Your Investment Losses Now With Rex Securities Law
Our investigations of other Lincoln Financial Securities brokers
Investigation of LPL Financial and LPL Brokers-Lawsuits, Arbitrations & Customer Disputes
If you have suffered investment losses in an account handled by Chadwick K. Watson, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.