Advisor Alert: Our Attorneys Are Investigating Christopher Allan Watts For Investment Fraud
Did You Lose Money Because of Christopher Watts?
Filed: November 6, 2023
Christopher Watts has been the subject of one (1) financial event and one (1) customer complaint. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Christopher Allan Watts.
Who Is Christopher Allan Watts of LPL Financial LLC and Keystone Financial Group, LLC?
- Advisor Name: Christopher Allan Watts
- Aliases: Christopher Watts
- CRD: 4935714
- Location: Lexington, Kentucky
- Current Employer: LPL Financial LLC and Keystone Financial Group, LLC?
- Previous Firms: Citigroup Global Markets Inc.
- Number of Known Customer Complaints: 1
- Number of Known Financial Events: 1
- Can Christopher Watts Be Sued: Yes, in Private Arbitration
- Can Christopher Watts’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: Unknown
- Highest Settlement: $46,687.50
If you have suffered investment losses by Christopher Watts, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Christopher Watts For Broker Misconduct
As of this publication date, Christopher Watts has been the subject of 1 financial event and 1 customer dispute. Let’s review them below.
In May 2020, a FINRA arbitration was filed against or in reference to Christopher Watts by multiple customers of LPL Financial LLC alleging monetary damages in connection with an investment in a REIT, which they contend was unsuitable for their investment profile. Claimants further allege they were misled about the risks involved in the particular REIT. Claimants allegedly invested $100,000 into the REIT in or around December 2014, which they contend has caused them losses due to the illiquidity. Respondent defends the recommendation as suitable for their investment objectives and tailored to their individual investing needs. On April 13, 2021, Mr. Watts settled the claim for $46,687.50, and some or all of this amount may have been paid by Mr. Watts’s employer and/or insurance carrier.
In October 2015, City Mortgage reported that Christopher Watts had outstanding debt totaling $10,785. Christopher Watts settled this matter in the amount of $7,000.
How To File A Claim Against Christopher Watts of LPL Financial LLC and Keystone Financial Group, LLC (previously with Citigroup Global Markets Inc.) To Get Your Money Back.
If you have questions about Christopher Watts, LPL Financial LLC, Keystone Financial Group, LLC, Citigroup Global Markets Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.