Advisor Alert: Our Attorneys Are Investigating Ahmad Mohamed Maklouf For Investment Fraud
Did You Lose Money Because of Ahmad (Ed) Maklouf?
Filed: January 16, 2024
Ahmad Maklouf (also known as Ed Maklouf) currently has one (1) pending customer complaint. Overall, he has been the subject of four (4) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Ahmad Mohamed Maklouf.
Who Is Ahmad Mohamed Maklouf?
- Advisor Name: Ahmad Mohamed Maklouf
- Aliases: Ed Maklouf
- CRD: 6092943
- Location: New York, New York
- Current Employer: Currently Not Registered
- Previous Firms: Spartan Capital Securities, LLC, Worden Capital Management LLC, and Legend Securities, Inc.
- Number of Known Customer Complaints: 4
- Can Ahmad Maklouf Be Sued: Yes, in Private Arbitration
- Can Ahmad Maklouf’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation:$414,744
- Highest Settlement: $14,000
If you have suffered investment losses by Ahmad (Ed) Maklouf, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining an investment fraud lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Ahmad (Ed) Maklouf For Broker Misconduct
As of this publication date, Ahmad Maklouf has been the subject of 4 customer disputes. Let’s review them below.
In May 2021, a FINRA arbitration was filed against or in reference to Ahmad Maklouf by a customer of Legend Securities, Inc. alleging unsuitable Investments, excessive commissions, and churning. Per the customer, he/she lost over $62,961.03 because of Mr. Maklouf’s actions. On August 14, 2020, Mr. Maklouf settled the claim for $5,000, and some or all of this amount may have been paid by Mr. Maklouf’s employer and/or insurance carrier.
In November 2020, a FINRA arbitration was filed against or in reference to Ahmad Maklouf by a customer of Worden Capital Management LLC alleging breach of fiduciary duty; breach of contract; and negligent misrepresentation and omissions. Per the customer, he/she lost over $414,744 because of Mr. Maklouf’s actions. As of this publication date, this complaint remains pending.
In May 2020, a FINRA arbitration was filed against or in reference to Ahmad Maklouf by a customer of Worden Capital Management LLC alleging unsuitability, over concentration, excessive trading. Per the customer, he/she lost over $46,295 because of Mr. Maklouf’s actions. On September 16, 2021, Mr. Maklouf settled the claim for $7,499.99.
In January 2020, a FINRA arbitration was filed against or in reference to Ahmad Maklouf by a customer of Spartan Capital Securities, LLC alleging misrepresentation and unsuitable recommendations. Per the customer, he/she lost over $241,727 because of Mr. Maklouf’s actions. On February 22, 2022, Mr. Maklouf settled the claim for $14,000, and some or all of this amount may have been paid by Mr. Maklouf’s employer and/or insurance carrier.
How To File A Claim Against Ahmad (Ed) Maklouf (previously with Spartan Capital Securities, LLC, Worden Capital Management LLC, and Legend Securities, Inc.) To Get Your Money Back.
If you have questions about Ahmad (Ed) Maklouf, Spartan Capital Securities, LLC, Worden Capital Management LLC, Legend Securities, Inc., or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll free at 1-800-950-6553.