Ahmed Gheith – Broker Ahmed Gheith Previously Suspended from Securities Industry | Recover Losses

Ahmed Gheith – Broker Ahmed Gheith Previously Suspended from Securities Industry | Goodman & Nekvasil, P.A. May Recover Investor Losses

Ahmed Gheith a/k/a Andy Gheith a/k/a Ahmed Ghassan Gheith CRD #5783951

Ahmed Gheith a/k/a Andy Gheith a/k/a Ahmed Ghassan Gheith is a currently licensed broker with Noble Capital Markets, Inc. Ahmed Gheith was a previously licensed broker with Paulson Investment Company LL. According to Ahmed Gheith’s BrokerCheck Report, Ahmed Gheith was fined $10,000 and was suspended from the securities industry for 12 months in May 2018.

According to FINRA Allegations:

Gheith consented to the sanctions and to the entry of findings that he received compensation for his participation in private securities transactions without providing notice or receiving approval from his member firm. The findings stated that Gheith’s firm hired him to work with two other registered representatives. The two registered representatives informed Gheith about a private offering related to a real estate development in Belize. The investment was described as a short-term note meant to raise money for the development of an airport (the Private Offering). The two registered representatives told Gheith to refer to them any customers that he believed might be interested in making such an investment. Gheith knew the Private Offering was not an approved securities product being offered by the firm, and would constitute “selling away” from the firm. For this reason, initially, Gheith was reluctant to refer customers to the registered representatives to invest. The findings also stated that after repeated requests from the registered representatives, Gheith contacted two firm customers and then two more customers. Gheith’s communications with these four customers included a description of the Private Offering and soliciting an agreement to speak with the registered representatives about investing in the Offering. The four customers invested a total of $3.5 million in the Private Offering. Gheith was paid $93,165 for his role in soliciting and referring the customers to the two registered representatives. The two registered representatives were also compensated for their role in the Private Offering.

Goodman & Nekvasil P.A. May Recover Investor Losses

If you lost money on investments with Ahmed Gheith and believe the investments may have been unsuitable or otherwise improper for you, we would like to discuss the possibility of your retaining our firm to represent you in an arbitration action concerning Ahmed Gheith’s conduct. There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf.

Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA, has practiced in this area of the law for more than 35 years. Goodman & Nekvasil, P.A. has recovered more than $200 million on behalf of victimized investors. If you lost money on investments with Ahmed Gheith and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.

Some of the information in this blog post was obtained on 3/16/2021 directly from FINRA BrokerCheck, without any changes. If you believe this information was reported incorrectly, please contact our firm at 1-800-500-4442.

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