Charles E. White II, of Providence, Rhode Island, a stockbroker currently associated with Barrett & Company, has been subject to a customer initiated investment related arbitration claim on November 27, 2015, which was settled for $105,000.00 in damages based upon the customer’s allegations that the firm made misrepresentations to the customer concerning White’s qualifications, position and supervision. The customers also alleged that small cap stocks that White sold to the customers were misrepresented by him.
FINRA Public Disclosure reveals that on April 2, 2014, a customer was awarded $267,80.06 in damages per an arbitration claim involving White’s conduct, in which White was alleged to have placed the customer’s funds into unsuitable investments; and Barret & Company failed to supervise the activities of White in this regard.
On June 17, 2013, another customer initiated investment related arbitration claim was resolved for $55,000.00 in damages based upon allegations that White effected unsuitable transactions in the customer’s investment account, causing the customer to bear losses. On February 24, 2006, a customer initiated investment related arbitration claim involving White’s conduct was settled for $9,000.00 in damages based upon allegations that White effected unsuitable investment transactions in the customer’s account.
Guiliano Law Group
Our practice is limited to the representation of investors. We accept representation on a contingent fee basis, meaning there is no cost to you unless we make a recovery for you. There is never any charge for a consultation or an evaluation of your claim. For more information, contact us at (877) SEC-ATTY.
