Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on July 21, 2017 indicate that New York-based Worden Capital Management broker Ahmad Wares, also known as Kevin Wares, has received several resolved or pending customer disputes. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Wares (CRD# 2959642).
Ahmad Wares has spent 17 years in the securities industry and has been registered with Worden Capital Management in Melville, New York since April 2017. Previous registrations include Salomon Whitney in Farmingdale, New York; Laidlaw & Company in London; EKN Financial Services in Melville, New York; First Midwest Securities in Melville; New Castle Financial Services in Melville; Empire Financial Group in Uniondale, New York; Ehrenkrantz King Nussbaum, Inc. in Melville; and Ladenburg Capital Management in Bethpage, New York. He is a registered broker with two US states: California and New York.
According to his BrokerCheck report, he has received eight customer complaints and one pending customer complaint.
In 2015 a customer alleged Ahmad Wares, while employed at EKN Financial Services, misrepresented material facts, executed excessive trades, acted negligently, and breached his fiduciary duty. The customer is seeking $288,340 in damages in the pending complaint.
In 2014 a customer alleged Ahmad Wares, while employed at Laidlaw & Company, made unsuitable investment recommendations and churned investments. The complaint settled for $46,000.
In 2013 a customer alleged Ahmad Wares, while employed at EKN Financial Services, executed unauthorized transactions and churned the account. The complaint resulted in an award to the customer of more than $46,900.
In 2012 a customer alleged he, while employed at First Midwest Securities, made unsuitable investment recommendations, violated federal securities laws, breached contract, committed fraud, and breached his fiduciary duty. The complaint settled in 2014 for $115,000.
In 2009 a customer alleged he, while employed at First Midwest Securities, effected unauthorized transactions, failed to follow instructions, and made unsuitable investment recommendations. The complaint settled for $97,500.
If you or someone you know has lost money investing with Ahmad Wares, also known as Kevin Wares, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.