There are options for clients of former Wells Fargo Clearing Services, LLC broker Amad Owidi (CRD# 5335079) who suffered stock losses. He has been registered with Raymond James & Associates, Inc. in Houston, Texas, since 2026. He was registered with Wells Fargo Advisors and Wells Fargo Clearing Services, LLC in Sugar Land, Texas, from 2018 to 2026, and Morgan Stanley in Sugarland, Texas, from 2010 to 2018.
Amad Owidi Customer Complaints
He has been the subject of two customer complaints between 2018 and 2026, one of which was denied, according to his CRD report:
May 2026. “Plaintiffs allege that financial advisor engaged in unauthorized trading activity.” The case is currently pending. The complaint was regarding common and preferred stocks, and it took place while he was registered with Wells Fargo Clearing Services, LLC.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Wells Fargo Clearing Services, LLC may be liable for investment or other losses suffered by Amad Owidi’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.
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