DID ADAM MAHD CAUSE YOU INVESTMENT LOSSES?
Adam Mahd Of MML Investors Services, LLC Has 2 Customer Complaints For Alleged Broker Misconduct.
About Adam Mahd of MML Investors Services, LLC?
Adam Mahd (CRD #4817500) , located in Southfield, Michigan, is a registered securities broker and investment adviser with MML Investors Services, LLC, based in Southfield, Michigan. He has been with the firm since March 25, 2017, and holds licenses in eight U.S. states. His prior registrations include roles at MSI Financial Services, Inc., New England Securities, and AXA Advisors. Mahd has passed two general industry/product exams and one multi-state securities law exam, including the Series 7 and Series 66. However, he does not hold any principal or supervisory qualifications.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Adam Mahd Customer Complaints and Reviews
Two incidents were reported on Mahd’s record:
- Customer Dispute 1:
- Date Received: February 26, 2024
- Complaint: The complainant alleged that since approximately 2021, Mahd invested their assets in volatile foreign companies and high-risk stocks, resulting in significant losses.
- Damages sought seeking more than $200,000
- Status: The dispute is currently pending under FINRA Case No. 24-00434
- Customer Dispute 2:
- Date Received: June 1, 2015
- Complaint: A client alleged that Mahd misrepresented the features of a variable annuity purchased in April 2013,
- Damage sought seeking$34,982.82
- Outcome: The complaint was denied on June 26, 2015, with no further action taken.
Allegations Against Adam Mahd
Customer Complaints:
- Pending Allegations (2024):
- The client claimed that Mahd engaged in unsuitable investment practices, including investments in volatile foreign equities and high-risk stocks. These actions allegedly resulted in substantial losses.
- Denied Allegations (2015):
- A customer accused Mahd of misrepresenting the features of a variable annuity product, leading to potential surrender penalties. However, the claim was reviewed and subsequently denied without further action.
- Key Considerations:
- While the denied complaint reflects no liability or wrongdoing, the pending case raises concerns regarding investment suitability and risk management.
Adam Mahd Red Flags & Your Rights As An Investor
Of course, Adam Mahd did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Adam Mahd at MML Investors Services, LLC on alert to review carefully the activity and performance of their accounts and question whether Adam Mahd has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at MML Investors Services, LLC also raises questions about the brokerage firm’s supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At MML Investors Services, LLC Due To Adam Mahd
If you have questions about MML Investors Services, LLC and/or Adam Mahd and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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