Former Lincoln Financial Advisors Corporation broker Chadwick Watson (CRD# 2183286) is accused of energy sector losses. He has been registered with LPL Financial LLC in Annapolis, Maryland, since 2024. He was registered with Osaic Fa, Inc. in Annapolis, Maryland, from 1992 to 2024. He was a registered representative with Lincoln Financial Advisors Corporation in Annapolis, Maryland, from 1991 to 2004.
Chadwick Watson Customer Complaints
He has been the subject of six customer complaints between 2017 and 2024, according to his CRD report:
October 2024. “Claimant alleges their RR recommended unsuitable Oil and Gas Investments.” The customer is seeking $140,000 in damages, and the case is currently pending. The complaint took place while he was registered with Lincoln Financial Advisors Corporation.
August 2024. “Claimant alleges their representative recommended an unsuitable oil and gas program.” The customer is seeking $100,000 in damages, and the case is currently pending. The complaint took place while he was registered with Lincoln Financial Advisors Corporation.
February 2024. “Claimant alleges their RR recommended unsuitable Oil and Gas investments.” The customer is seeking $140,000 in damages, and the case is currently pending.
December 2022. “Claimant alleges the representative recommended an unsuitable investment in an Oil & Gas program.” The customer sought $125,000 in damages, and the case was settled for $71,000. The complaint took place while he was registered with Lincoln Financial Advisors Corporation.
July 2022. “Claimants allege the representative recommended an unsuitable Oil & Gas investment.” The case was settled for $161,503.30. The complaint took place while he was registered with Lincoln Financial Advisors Corporation.
June 2017. “Customer alleges unsuitable sales and failure to disclose important facts of a third party managed account, variable annuity, REIT, and Oil & Gas program. The alleged activity occurred between March 2013 and November 2014.” The case was settled for $150,000. The complaint took place while he was registered with Lincoln Financial Advisors Corporation.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Lincoln Financial Advisors Corporation may be liable for investment or other losses suffered by Chadwick Watson’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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