Securities Lawyers Blog
According to records kept by The Financial Industry Regulatory Authority (FINRA) financial Broker Wilson Saville (Saville), currently associated with Barrett & Company, has at least 2 disclosable events. These events include 2 customer complaints, alleging that Saville recommended unsuitable investments in different investment products including debt securities among other allegations and complaints.
FINRA BrokerCheck shows a award / judgment customer complaint with a damage request of $1,200,000.00 on September 23, 2021.
Claimants allege that Mr. Saville and Barrett & Company were negligent and breached regulatory duties by failing to perform required suitability reviews of the investments and by ignoring red flags apparent in the handling of the Claimants’ accounts purchased by a prior Registered Representative of the firm, Charles White.