Last Updated: December 2024 (Metairie, LA)
Skip Chatelain Investigation Summary
Here’s what you need to know about Metairie, LA, stockbroker Skip Chatelain:
- Name: Mr. Ned Anthony Chatelain
- Current Employer: Prospera Financial Services
- DBA: Dorsey & Company
- Previous Firms: Edward Jones
- Function: Stock Broker/ Financial Advisor/ Registered Investment Advisor
- Aliases: Skip Chatelain
- Primary Location: Metairie, LA
- CRD 4192942
- Can Skip Chatelain be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement/Award: $22,500
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Skip Chatelain As Your Stockbroker?
A customer of Prospera Financial Services filed a FINRA arbitration in 5/2024 alleging that Skip Chatelain charged excessive account fees and that their account underperformed from 12/2021-4/2024. This case was settled for $22,500.
Allegations of Broker Misconduct Against Skip Chatelain
Customers of Skip Chatelain have alleged the following wrongdoing in connection with the handling of customer accounts:
- Charged Excessive Fees
- Account Underperformed
[LEARN MORE]: Firms Have a Duty to Supervise their Financial Advisors (FINRA Rules 3110 & 2090)
Brokers and their firms have a duty to comply with the FINRA suitability rule which requires that they have a reasonable basis to believe that a recommendation is suitable for the customer.
[LEARN MORE]: FINRA Rule 2111- suitability -Regulation Best Interest
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.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Skip Chatelain, 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.
