Last Updated: May 2026, Houston, Texas
Here’s What You Need to Know About Houston, Texas Stockbroker Amad Owidi
Houston, Texas stockbroker Amad Owidi is currently registered with Raymond James & Associates, Inc. and has two customer dispute disclosures on his BrokerCheck record.
- Name: Amad Owidi
- Current Employer: Raymond James & Associates, Inc.
- Prior Firms: Wells Fargo Advisors; Wells Fargo Clearing Services, LLC; Morgan Stanley; Merrill Lynch, Pierce, Fenner & Smith Incorporated
- CRD Number: 5335079
- Function: Stockbroker / Financial Advisor
- Primary Location: Houston, Texas
- Can Broker Be Sued in FINRA: Yes
- Sanctioned by Securities Regulators: No
- Current Customer Dispute Seeks Total Damages of: Damage amount not yet specified
If you’ve sustained damages from Mr. Owidi, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money with Amad Owidi as Your Stockbroker?
Amad Owidi is currently the subject of a customer dispute alleging unauthorized trading in listed stocks. The plaintiffs filed the matter in the District Court of Harris County, Texas, under case number 2026-23531 and allege that Owidi engaged in unauthorized trading while employed by Wells Fargo Clearing Services, LLC. The transactions allegedly involved listed common or preferred stocks. The plaintiffs are seeking an unspecified amount of damages.
Owidi also has a previous customer complaint alleging that a Section 1035 annuity exchange was misrepresented. That complaint was denied by the firm without a settlement.
Allegations of Broker Misconduct Against Amad Owidi
The customer disputes involving Amad Owidi include allegations of:
- Unauthorized trading
- Misrepresentation
- Improper handling of listed equity transactions
- Misrepresentation of a Section 1035 annuity exchange
Unauthorized trading may violate FINRA Rule 3260, which generally prohibits a stockbroker from exercising discretionary authority in a customer’s account without prior written authorization. Unauthorized trading may also violate FINRA Rule 2010, which requires stockbrokers to observe high standards of commercial honor and just and equitable principles of trade.
Other Cases Involving Unauthorized Trading
Recover Your Investment Losses Now With Rex Securities Law
Other Investigations of Raymond James Advisors
Investigations involving other Wells Fargo brokers
If you have suffered investment losses in an account handled by Amad Owidi, contact us for a complimentary consultation with an experienced 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.