Najib Khan, formerly with Citigroup Global Markets, Barred by FINRA
Have you lost money with financial advisor Najib Khan? We are looking into allegations made about Najib H. Khan from Richmond Hill, New York. FINRA (the Financial Industry Regulatory Authority) barred Najib Khan from the securities industry. FINRA alleged that Najib Khan failed to respond to its investigation. FINRA was investigating Khan after he was terminated by Citigroup Global Markets regarding allegations he was involved in theft from customer bank accounts.
Najib Khan was a financial advisor and registered representative of Citigroup Global Markets from May 2017 to June 2019. He worked in a branch office in Richmond Hill, New York. He was also terminated by Citigroup Global Markets.
Brokerage firms like Citigroup Global Markets have a responsibility to adequately supervise all representatives who are registered through their firm. Brokerage firms also must take steps to ensure that their financial advisors follow all securities rules and regulations, as well as internal firm policies. When brokerage firms fail to adequately supervise their registered representatives, they may be liable for investment losses sustained by customers.
Israels & Neuman PLC is a securities and investment fraud law firm with offices in Phoenix, Arizona; Seattle, Washington; Denver, Colorado; and Ann Arbor, Michigan. We represent investors in FINRA arbitration proceedings in all 50 states, including throughout New York. Our attorneys have represented over one thousand investors against many brokerage firms in the past, including against Citigroup Global Markets.