Investors reportedly complained about securities broker Derrick Timothy Watts [CRD: 2479608, Chicago, Illinois], according to public information reported on FINRA BrokerCheck. Derrick Watts joined Packerland Brokerage Services Inc. in Chicago, Illinois as both a securities broker and a financial advisor in January 2020. Before that, Watts worked with B. Riley Wealth Management in St. Charles, Illinois from September 2, 2016 to October 25, 2019, in a securities broker capacity, and from September 8, 2016 to May 4, 2021, as a financial advisor. Read on to know more about the investor disclosures involving this broker.
Particularly, on March 1, 2024, a B. Riley Wealth Management client filed FINRA Arbitration No. 24-00479 about Derrick Watts. Allegedly, Watts made misrepresentations concerning a proposal to invest. As a result, the client allegedly incurred damages connected to private placements including Bet Chicago securities. So, the client requested $3,000,000 in compensation from B. Riley Wealth Management or Watts. Evidently, this arbitration is pending a resolution.
Also, a client of Oppenheimer Co. Inc. contested Derrick Watts’s sales practices, according to a complaint dated September 6, 2017. Supposedly, Watts churned the client’s account by trading in stocks. Consequently, the client sought compensation from Oppenheimer Co. Inc. or Watts in the amount believed to be over $5,000 in this matter. The complaint was later withdrawn.
Also, on February 1, 2016, an Oppenheimer Co. Inc. client filed a complaint about Derrick Watts. Allegedly, Watts churned accounts. For this reason, the client allegedly sustained damages linked to mutual funds and over-the-counter equities. Therefore, the client requested $32,914.56 in compensation from Oppenheimer Co. Inc. or Watts. The firm denied this complaint.
Are you concerned regarding investments you made with Derrick Watts? If so, reach out to Soreide Law Group online or at (888) 760-6552. Speak with a securities lawyer about a potential recovery. Soreide Law Group is experienced at recovering losses for investors throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Watts and brokerage firms Watts worked for deny allegations of sales practice violations.
CLIFFORD RONALD REID (CLIFFORD R REID) was previously registered with REID RUDIGER LLC of New York, NY from 10/06/1999 - 04/30/2026. According to FINRA’s BrokerCheck, available to the public on FINRA’s website, CLIFFORD R REID has 34 years of experience in the securities industry and was listed as a broker with 4 firms. Reid is […]
Investors might have sustained losses due to securities broker Elizabeth Florence Ortiz (also known as Elizabeth Barber, Betsy Barber, and Betsy Ortiz) [CRD: 6818113, Austin, Texas], based on public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Ortiz has worked for Charles Schwab Co. Inc. from December 11, 2017, to the present. Read on to […]
Investors potentially incurred losses because of securities broker James Anthony Medsker (also known as Jim Medsker) [CRD: 1294250, Dublin, Ohio], given the disclosures located on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Medsker worked for Wells Fargo Clearing Services LLC from October 26, 2018, to January 25, 2024. Investors are encouraged to continue reading to learn […]
Phone:
Fax: 1-954-760-6553
Email: info@securitieslawyer.com