Lincoln Financial Advisors Sued By Investors For Fraud
Chadwick Kingsley Watson of Annapolis Maryland a stockbroker currently registered with Lincoln Financial Advisors Corporation is referenced in a customer initiated investment related arbitration claim in which the customer sought $500,000.00 in damages supported by allegations that (1) unsuitable investment transactions had been effected in the customer’s account and (2) there were inadequate disclosures made to the customer in regard to the customer’s investments in an (a) oil & gas program (b) real estate investment trust (c) variable annuity and (d) third-party investment contract. Financial Industry Regulatory Authority (FINRA) Arbitration No. 17-01469 (June 6, 2017).
FINRA Public Disclosure additionally reveals that on July 19, 2010, a customer filed an investment related complaint involving Watson’s activities where the customer requested more than $5,000.00 in estimated damages founded on accusations that investment recommendations made to the customer were not suitable given the illiquidity of a real estate security and variable annuity.
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