Former Paulson Investment Company LLC Financial Advisor Ahmed Gheith Has $1 Million Pending Complaint For Fraud
Posted on Monday, January 29th, 2018 at 1:29 pm
Erez Law is currently investigating former Paulson Investment Company LLC financial advisor Ahmed Gheith (CRD# 5783951) regarding fraud, negligent misrepresentations, negligence, and unjust enrichment. Gheith was registered with the following brokerage firms during the past few years:
- Paulson Investment Company LLC in New York, Ny (Jan. 2014-August 2017)
- Aegis Capital Corp. in New York, New York (March-October 2013)
- Cabot Lodge Securities LLC in New York, New York (2012-2013)
- Joseph Gunnar & Co. LLC in New York, New York (2010-2011)
Gheith was terminated from Paulson Investment Company, LLC regarding, “Terminated subsequent to discovery of violations of firm WSPs, failure to provide honest answers on annual questionnaires, violations of FINRA Rule 3280, and due to initiation of customer arbitration alleging fraud, negligence, and unjust enrichment.”
Gheith has been the subject of one customer complaint, according to his CRD report:
April 2017. “Customer alleges fraud, negligent misrepresentations, negligence, and unjust enrichment.” The customer is seeking $1,000,000 in damages and the case is currently pending.
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, Paulson Investment Company LLC may be liable for investment or other losses suffered by Gheith’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If and 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.