DID ARIF AHMED CAUSE YOU INVESTMENT LOSSES?
Arif Ahmed Of J.P. Morgan Securities LLC And Formerly With First Republic Securities Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated Has 5 Customer Complaints For Alleged Broker Misconduct
Who is Arif Ahmed of J.P. Morgan Securities LLC?
Arif Ahmed (CRD #3099755) who is currently registered as a broker and investment adviser with J.P. Morgan Securities LLC and located in San Francisco, California, is a subject of one of our many securities industry sales practice abuse investigations. Prior to J.P. Morgan Securities LLC, Arif Ahmed was associated with First Republic Securities Company, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and other investment advisory, and brokerage firms with a history of customer complaints and securities industry regulatory problems.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Arif Ahmed Customer Complaints
Arif Ahmed has been the subject of 5 customer complaints that we know about seeking to recover investment losses. Two of the customer complaints were settled by Merrill Lynch Pierce Fenner and Smith in favor of the investors for over $458,000 and $85,000, respectively. Another customer complaint was denied by Merrill Lynch, Pierce, Fenner and Smith and the investor took no further action. There are currently two customer complaints made in connection with his employment at First Republic Securities Co. alleging damages of over $204 million and $35 million that are still pending.
Allegations Against Arif Ahmed
A sample of the allegations made in the FINRA reported arbitration claim settlements and/or pending complaints for investment losses are as follows:
- Customer alleged losses from investment recommendation involving corporate debt amounting to over $204 million.
- Client alleged losses from investment recommendation involving corporate debt over $35 million.
- Unauthorized sale of stocks in client’s account.
- Misrepresentation, failure to follow client’s instructions and unsuitable investment recommendations.
- Unsuitable investment recommendations involving interest rate swap transactions.
Arif Ahmed Red Flags & Your Rights As An Investor
Of course, Arif Ahmed 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 Arif Ahmed at J.P. Morgan Securities LLC , First Republic Securities Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated on alert to review carefully the activity and performance of their accounts and question whether Arif Ahmed has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at J.P. Morgan Securities LLC, First Republic Securities Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated also raises questions about the brokerage firms’ 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 J.P. Morgan Securities LLC Due To Arif Ahmed
If you have questions about J.P. Morgan Securities LLC, First Republic Securities Company, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and/or Arif Ahmed 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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