Advisor Alert: Our Attorneys Are Investigating Arif Ahmed For Investment Fraud
Did You Lose Money Because of Arif Ahmed?
Filed: March 6, 2024
Arif Ahmed currently has two (2) pending customer complaints. Overall, he has been the subject of five (5) 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 Arif Ahmed.
Who Is Arif Ahmed of J.P. Morgan Private Wealth Advisors LLC and J.P. Morgan Securities LLC?
- Advisor Name: Arif Ahmed
- Aliases: Arif Ahmed
- CRD: 3099755
- Location: San Francisco, California and Washington, D.C.
- Current Employer: J.P. Morgan Private Wealth Advisors LLC and J.P. Morgan Securities LLC
- Previous Firms: First Republic Securities Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Number of Known Customer Complaints: 5
- Can Arif Ahmed Be Sued: Yes, in Private Arbitration
- Can Arif Ahmed’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $204,694,278
- Highest Settlement: $458,684
If you have suffered investment losses by Arif Ahmed, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a stockbroker 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 Arif Ahmed For Broker Misconduct
As of this publication date, Arif Ahmed has been the subject of 5 customer disputes. Let’s review them below.
In February 2024, a complaint was filed against or in reference to Arif Ahmed by a customer of First Republic Securities Company, LLC alleging losses from investment recommendation. Per the customer, he/she lost over $204,694,278 because of Mr. Ahmed’s actions. As of this publication date, this claim remains pending.
In February 2024, a complaint was filed against or in reference to Arif Ahmed by a customer of First Republic Securities Company, LLC alleging losses from investment recommendation. Per the customer, he/she lost over $35,026,590 because of Mr. Ahmed’s actions. As of this publication date, this claim remains pending.
In February 2012, a complaint was filed against or in reference to Arif Ahmed by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging unsuitable investment recommendations involving interest rate swaps from July 2008 to February 2012. On May 22, 2012, Mr. Ahmed settled the claim for $458,684, and some or all of this amount may have been paid by Mr. Ahmed’s employer and/or insurance carrier.
In December 2008, a FINRA arbitration was filed against or in reference to Arif Ahmed by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging misrepresentation, failure to follow instructions, and unsuitable investment recommendations. Per the customer, he/she lost over $336,000 because of Mr. Ahmed’s actions. On June 14, 2010, Mr. Ahmed settled the claim for $85,000, and some or all of this amount may have been paid by Mr. Ahmed’s employer and/or insurance carrier.
In September 2000, a complaint was filed against or in reference to Arif Ahmed by a customer of Merrill Lynch alleging that Mr. Ahmed sold his Lucent, Tyco and Motorola stocks in February 2000 without authorization. Per the customer, he lost over $57,000 because of Mr. Ahmed’s actions.
How To File A Claim Against Arif Ahmed of J.P. Morgan Private Wealth Advisors LLC and J.P. Morgan Securities LLC (previously with First Republic Securities Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back
If you have questions about Arif Ahmed, J.P. Morgan Private Wealth Advisors LLC, J.P. Morgan Securities LLC, First Republic Securities Company, LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, 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.