Chadwick Collins – Customer Complaints/Disputes Filed Involving Financial Advisor/Broker Chadwick Collins | Goodman & Nekvasil P.A., May Recover Investor Losses
Chadwick Collins a/k/a Chadwick C Collins CRD#: 2597677
Chadwick Collins is a licensed financial advisor/broker with Wedbush Securities, Inc CRD#: 877
Collins is a securities broker registered in California and Arizona.
According to Collins’s BrokerCheck Report, five customer complaints/disputes have been filed. Three customer complaints settled and two are pending the outcome of FINRA arbitration.
Customer Complaints
11/22/2021 – Client alleges Collins was neglectful and reckless with the management of their portfolio from 2017 until 2021. (pending)
Damage Amount Requested – $2,375,000.00
11/9/2021 – Client alleges account losses in IRA and Trust due to lack of fiduciary responsibility and margin activity. (pending)
Damage Amount Requested – $1,000,000.00
6/15/2021 – Claimant alleges that Representative Collins made unsuitable recommendations and investments that were inconsistent with his investment profile. Additionally, Claimant alleges that Representative Collins recommended Claimant replace employer sponsored term life policy with IUL policy without providing material information, including the true cost of the premiums. Further, Claimant alleges that Representative Collins recommended that Claimant secure loan proceeds and then subsequently invested said loan proceeds in various investments. Claimant alleges that due to Representative Collin’s recommendations and investment practices he incurred damages. (settled)
Settlement Amount – $150,000.00
3/18/2016 – Client alleged commissions were not disclosed in advance of transactions. (12/29/2015-3/18/2016)
Settlement Amount – $6,559.31
6/10/2013 – The Customer Alleges Excessive Trading and Unsuitable Investment Recommendations from 2006 to 2009.
Settlement Amount – $150,000.00
Goodman & Nekvasil P.A. May Recover Investor Losses
If you lost any money on investments with Chadwick Collins, you may be able to recover your losses. If you lost money on investments with Chadwick Collins and believe that the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Collins’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.
Goodman & Nekvasil, P.A. has recovered more than $250 million on behalf of victimized investors. If you lost money on investments with Chadwick Collins and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.
Some of the information in this blog post was obtained on 3/25/22 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.