Haselkorn & Thibaut, P.A., operating as Investment Fraud Lawyers, has formally opened an investigation into Amad Owidi (CRD# 5335079), a financial advisor based in Houston, Texas, currently registered with Raymond James & Associates. Investors who have worked with Mr. Owidi, whether in Texas or elsewhere, should be aware of recently surfaced complaints and what these allegations may mean for your ability to recover investment losses.
Our firm—leveraging over 95 years of collective securities law experience as former Wall Street defense attorneys, with a 98% success rate across hundreds of investor claims—advocates fiercely for individual investors. We fight for those who have experienced unauthorized trading, misrepresentation, and other forms of misconduct by advisors and broker-dealers.
Who Is Amad Owidi (Houston, TX)?
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According to FINRA’s BrokerCheck, Amad Owidi is a registered broker and investment advisor with Raymond James & Associates in Houston, Texas. As of June 28, 2026, he holds 18 years of securities industry experience. Previously, he was associated with financial institutions including Wells Fargo, Morgan Stanley, and Merrill Lynch.
His industry credentials include passing the SIE, Series 7, and Series 66 exams. Mr. Owidi is actively licensed in multiple states: the District of Columbia, Florida, Missouri, Montana, Ohio, and Texas.
Investor Complaints & Regulatory Disclosures
| Complaint Date | Broker-Dealer | Allegation | Status | Damages Sought |
|---|---|---|---|---|
| May 2026 | Wells Fargo | Unauthorized trading activity | Pending | Unspecified |
| 2018 | Morgan Stanley | Misrepresentation of material facts | Denied by firm | Unspecified |
Key Findings from BrokerCheck (as of the latest data):
- Active Customer Complaints: Two known complaints have been disclosed. One is currently pending for unauthorized trading, while the other, alleging misrepresentation, was denied by the firm.
- No reported regulatory actions, arbitrations, lawsuits, or bankruptcies involving Amad Owidi as of the most recent public records.
Red Flags: Unauthorized Trading and Misrepresentation
Investors should understand the implications of these allegations. Unauthorized trading happens when a broker executes transactions in your account without your express agreement. FINRA Rule 3260 makes it clear that brokers like Mr. Owidi must have written authorization before placing discretionary trades. If the account is not explicitly documented as a discretionary account—and approved in writing by the firm—any such trading may be considered a violation of securities rules and could subject the broker to disciplinary action and potential liability for damages.
Similarly, misrepresentation of material facts stands as a cornerstone of investor protection law. Investors have the right to receive accurate and complete information to make informed decisions. Any attempt to misstate, omit, or distort material information may entitle investors to seek recovery for resulting financial losses.
Understanding FINRA Rule 3260 and Investor Rights
- Written Authorization Required: Brokers must obtain clear, written authorization from an investor before placing discretionary trades.
- Firm Acceptance Needed: The account must be officially accepted as discretionary by the firm, with written proof maintained.
- Violations can result in investor recovery claims, regulatory sanctions, or both.
If you suspect unauthorized trades or misrepresentation by your advisor—including Amad Owidi at Raymond James & Associates in Houston, Texas—protect your rights by reviewing your brokerage statements and seeking experienced legal counsel.
How to Verify Amad Owidi’s Record
We encourage all investors to review their advisor’s background regularly. To check the latest disclosures regarding Amad Owidi:
- Visit BrokerCheck.
- Enter “Amad Owidi” or his CRD# 5335079.
- Click on the adviser profile and review the “Disclosure Information” section for details on complaints, regulatory actions, or other pertinent facts.
Consider signing up for email alerts on BrokerCheck and monitoring Raymond James & Associates’ Form ADV for firm-level disclosures relevant to your relationship and accounts.
Why Choose Us to Advocate for Your Recovery?
- Insider knowledge as former Wall Street defense attorneys
- 98% success rate across hundreds of resolved investor claims
- Over $520 million involved in securities matters handled
- 95+ years of combined securities law experience
- Martindale-Hubbell AV Preeminent, Top 2% peer review, and Super Lawyers-designated advocacy
- 5.0-star client reviews for exceptional service and results
- No recovery, no fee—you only pay if we recover funds for you
If you or someone you care about experienced unauthorized trading or misrepresentation issues with Amad Owidi in Houston, Texas, at Raymond James & Associates, you may have avenues to recover your losses. Every situation is unique, and timing can be crucial—strong documentation and prompt action can significantly improve your chances of recovery.
Free, Confidential Consultation: Take the First Step Toward Recovery
Our attorneys are here to listen to your experience with Amad Owidi or any broker-dealer relationship. We will review your documentation, clarify your rights, and outline steps to aggressively pursue recovery on your behalf. Your consultation is always free and strictly confidential.
Call us now at 1-888-885-7162 for a no-obligation review of your potential claim. Our team is ready to fight for your recovery—because you deserve an advocate with former defense experience on your side.
