Wilson G. Saville II, of Providence, Rhode Island, a stockbroker associated with Barrett & Company, has been subject to a customer initiated investment related arbitration claim on April 2, 2014, which was resolved in the customer’s favor for $267,890.06 in damages. The customer’s claim was based upon allegations that Saville breached his fiduciary duty to the customer, negligently handled the customer’s investment account, and effected unsuitable transactions in the customer’s account. The customer additionally alleged that Barrett and Company failed to supervise Saville’s activities.
FINRA Public Disclosure also reveals that Saville was previously subject to a censure and a $1,000.00 fine by National Association of Securities Dealers, Inc. for failing to respond timely to written information requests, in violation of NASD Rule 2110. Acceptance, Waiver and Consent, No. C11970025 (Apr. 14, 1998).
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.
