The Frankowski Firm is investigating Laidlaw broker Ahmad Wares of New York. Wares is the target of several customer complaints, and Ware’s clients who lost money investing with him may be able to recover their losses.
- In March 2015 a client claimed Wares, while working for Laidlaw, recommended unsuitable investments and churned the customer’s account.
- In November 2015 a client claimed Wares, while working for Laidlaw, executed unauthorized trades and failed to follow instructions.
- In 2014 a client claimed Wares, while working for Laidlaw, recommended unsuitable investments and engaged in churning.
- In 2013 a client claimed Wares, while working for EKN Financial Services, executed unauthorized transactions and churned the account.
- In 2012 a client claimed Wares, while working for First Midwest Securities, violated federal securities laws, recommended unsuitable investments, breached his fiduciary duty, breached his contract, and engaged in common law fraud.
- In 2009 Wares was discharged from his position at First Midwest Securities following allegations he failed to respond to a customer complaint and left the firm in debt from a negative balance of approximately $112,000 in a customer account.
- In 2009 a client claimed Wares, while working for First Midwest Securities, recommended unsuitable investments, executed unauthorized trades, and failed to follow instructions.
If you or someone you know has lost money as a result of an investment or Ponzi scheme, please contact Richard Frankowski at 888-741-7503 to discuss your potential legal remedies or complete the contact form.
