Wilson G. Saville-Barrett & Co.-Lose Customer Arbitration

Wilson G. Saville-Barrett & Co.-Lose Customer Arbitration

Wilson G. Saville-Barrett & Co.-Lose Customer Arbitration 150 150 Robert Rex, Esq.

JUNE 2018 UPDATE-IN 5/2016 a FINRA arbitration panel awarded damages of $267,890 to the Barrett & Company customer that filed FINRA Case 14-0755 discussed below.

ORIGINAL POST MAY 2016 Providence, Rhode Island

According to FINRA records, Wilson G. Saville, II a broker who works for Barrett & Company discloses a pending customer dispute.

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.

In FINRA Case 14-0755, a customer alleges damages of $470,000 and  that funds were placed in investments that were not suitable given investment objectives, risk tolerance and other factors. Claimant also alleges that supervisors at the firm failed to properly supervise the representative’s activities.

Saville  has been registered with Barrett & Company since 8/1986.

If you have questions about  a brokerage account handled by Wilson G. Saville, II  , call to discuss your legal options.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 


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