Financial Industry Regulatory Authority (FINRA) BrokerCheck shows disclosures about securities broker Ali Barry Mahlooji [CRD: 4830105, Jersey City, New Jersey]. Mahlooji joined PHX Financial Inc. in New York, New York, on December 16, 2019. Previously, he worked for National Securities Corporation in Jersey City, New Jersey, from November 20, 2012, to December 17, 2019. Investors raised concerns about Mahlooji’s conduct, including allegations of negligence and unsuitable recommendations in his role as a securities broker.
Evidently, on August 19, 2024, a PHX Financial Inc. client brought FINRA Arbitration No. 24-01709. Mainly, the client alleged unsuitable recommendations. Because of this, the client allegedly sustained damages on private equities. Therefore, the client requested compensation from PHX Financial Inc. in the ongoing matter.
On December 15, 2023, a client of National Securities Corporation filed FINRA Arbitration No. 23-03430, accusing Ali Mahlooji of negligence and unsuitable recommendations in stocks. The client asked for $280,765.51 in damages for the alleged misconduct. This matter is currently pending a resolution.
On July 30, 2022, a client of National Securities Corporation settled FINRA Arbitration No. 21-02078. This client alleged Ali Mahlooji’s unsuitable recommendations in over-the-counter equities. The firm compensated the client with $40,000 to resolve the dispute.
A client of National Securities Corporation made a complaint on June 9, 2015, alleging that Mahlooji made poor recommendations in over-the-counter equities. The client asked for $30,000 in damages, but National Securities Corporation denied the complaint, and no compensation was awarded in this matter.
On August 27, 2021, FINRA Arbitration No. 21-00537 was settled for $6,500. The client alleged that Mahlooji provided improper advice regarding real estate securities.
If so, reach out to Soreide Law Group online or at (888) 760-6552 and talk with a securities attorney. Mahlooji and brokerage firms he worked for deny accusations of sales practice violations. Soreide Law Group has experience representing investors throughout the country and handles cases on a contingency basis.
Pending customer claims on BrokerCheck name Michael Graham (CRD 3263494) and list LPL Financial as the firm. Each claim is pending and unproven, and no arbitrator has ruled on any of them. The customers allege that Graham misrepresented guaranteed principal and returns on a secured loan related to a real estate deal.
An SEC decision involving Titan Securities (CRD 131392) of Plano, Texas became final on August 7, 2026, according to FINRA's October 2026 Disciplinary and Other FINRA Actions report. The decision fined the firm $50,000. The record lists the firm as JTA Securities Management, Inc. dba Titan Securities.
Every settled customer dispute on Peter Maller's BrokerCheck report names Lincoln Financial as the firm. Maller holds CRD number 2322403. The newest dispute, filed on March 5, 2024, settled on August 15, 2024 for $12,500 against alleged damages of $50,000. The claimants alleged that the representative represented an oil and gas investment as safe.
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