Last Updated: September 2023 (Staten Island, NY)
Ahmed “Andy” Gheith Investigation Summary
Here’s what you need to know about Staten Island, NY , stockbroker Ahmed “Andy” Gheith:
- Name: Mr. Ahmed Ghassan Gheith
- Current Employer: Ceros Financial Services
- Previous Firms: Noble Capital Markets, Paulson Investment Co., Aegis Capital Corp.
- Function: Stock Broker/ Financial Advisor
- Aliases: Andy Gheith, Anthony Gheith
- Primary Location: Staten Island, NY
- CRD 5783951
- Can Andy Gheith be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: Yes
- Highest Settlement: $165,000
- Discharged by a prior employer: Yes
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Ahmed “Andy” Gheith As Your Stockbroker?
In 12/2022 Ahmed “Andy” Gheith was suspended for a month by FINRA and fined $7,500 for soliciting prospective customers to purchase private placement investments, while employed by Noble Capital Markets, claiming exemption from registration under Rule 506 of Regulation D of the Securities Act of 1933 but without having established pre-existing , substantive relationships with any of the investors.
In 4/2018 Ahmed “Andy” Gheith was suspended by FINRA for 12 months and, ordered to pay disgorgement of $31,055 and fined $10,000 for soliciting customers of his employing firm, Paulson Investment Company, to invest in private offerings not approved by his firm.
In 9/2018 a customer of Paulson Investment Company was paid $165,000 to resolve allegations that Gheith made fraudulent and negligent misrepresentations in connection with the recommendation to invest in promissory notes.
In 8/2017, Ahmed “Andy” Gheith was discharged by Paulson Investment Company who makes the following allegation on his CRD: “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.”
Allegations of Broker Misconduct Against Ahmed “Andy” Gheith
A customer of Ahmed “Andy” Gheith has alleged the following wrongdoing in connection with the handling of customer accounts:
- Fraud
- Negligence
- Unjust enrichment
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Ahmed “Andy” Gheith, contact us for a complimentary consultation with an experience securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors and broker dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
