Investor Alert: Ali F. Chehab – FINRA Disciplinary Action & Customer Complaints
If you invested with Ali F. Chehab and suffered losses, contact the securities attorneys at Goodman & Nekvasil, P.A. for a free consultation.
Who is Ali F. Chehab?
Ali F. Chehab, also known as Ali Chehab, is a former registered broker with CRD Number 7625979. According to FINRA’s BrokerCheck public records, Chehab has been the subject of regulatory disciplinary action and multiple customer complaints. These complaints allege serious misconduct, including unauthorized trading and activity that may constitute selling away.
FINRA Disciplinary Action
FINRA filed a disciplinary complaint alleging that Chehab failed to cooperate with its investigation by not providing requested documents and information. Failure to comply with FINRA Rule 8210 can result in suspension or a permanent bar from the securities industry.
Customer Complaints
Public disclosures show that investors have alleged:
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Unauthorized trading – placing trades without client permission, sometimes using client account login credentials.
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Possible selling away – selling investments not approved or supervised by his broker-dealer.
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Losses in risky investments – investments that may not have been suitable for the clients’ financial needs.
Several of these customer complaints have resulted in monetary settlements.
What is Selling Away?
Selling away occurs when a broker offers or sells an investment outside of their employer’s approval and oversight. This is a violation of FINRA rules and can expose investors to unvetted, high-risk products. Firms are required to supervise their brokers to prevent selling away.
If you invested with Ali F. Chehab (CRD#: 7625979) and suffered losses, act now to protect your rights.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 8/12/25. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.