PROVIDENCE, RHODE ISLAND–Have you lost money with financial advisor Charles E. White II aka Chad White, formerly of Barrett & Company in Providence, Rhode Island? We are looking into allegations made against Charles White, who has been the subject of six (6) customer complaints, including two complaints filed in 2021. The customer alleged that White sold them unsuitable investments in their portfolios which led to significant losses.
Charles White aka Chad White was a registered representative of Barrett & Company from 1992 to November 2020. He has worked at branch offices in Providence, Rhode Island. White was also the subject of an investigation by the Massachusetts Securities Division in 2019.
Brokerage firms like Barrett & Company have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Denver, Colorado; Seattle, Washington; Phoenix, Arizona; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including investors in Rhode Island. Our attorneys have represented over one thousand investors against many brokerage firms in the past.
Click to view BROKERCHECK: White, Charles BrokerCheck 6.9.21