Allegations Against Kris Barrett

BrokerCheck, which is a website maintained by FINRA, discloses that Edward Jones fired Kris Barrett regarding allegations of “Concerns the registered representative referred a customer to an unapproved outside investment opportunity involving an entity with which he appeared to be affiliated, that customer funds were transferred to that entity, and concerns regarding customer authorization.”  Financial advisors must get permission from their brokerage firm for every investment that they sell or recommend to customers.

Background on Kris J. Barrett

Kris Barrett was licensed with Edward Jones from November 2023 to August 2026 at a Portland, Oregon office. He previously worked as a mortgage loan officer.

Can Edward Jones Be Liable to Customers for Investment Losses?

FINRA Rules require securities brokerage firms like Edward Jones to adequately supervise the activity of its advisors.  Edward Jones could be responsible for investor losses if it failed to reasonably supervise advisors like Mr. Barrett. 

Israels & Neuman Represents Clients in Oregon

We represent investors throughout the United States including Oregon.  We have an office in Vancouver, Washington as well.  If you were a client of Kris Barrett and believe he acted improperly, you may be entitled to recover losses through FINRA arbitration.

• View Barrett’s BrokerCheck Report

Contact Israels & Neuman for a Free and Confidential Consultation

Call us today at (720) 599-3505 or (206) 795-5798

or fill out our contact form to learn more about your rights. We represent Oregon investors and are ready to help you recover the money you deserve.

At Israels & Neuman, PLC, we represent investors nationwide who have suffered financial losses due to broker misconduct. One recent case we are monitoring closely in Portland, Oregon involves Ali F. Chehab, a former Merrill Lynch and Equitable Advisors broker now under formal investigation by FINRA.

FINRA has alleged various violations, including unauthorized trading and selling away.  What has drawn even more attention is his reported response to FINRA investigators, allegedly: “I do not care if I get barred.”

This type of response to a regulator is alarming.  We believe it may signal deeper issues with Mr. Chehab’s former business.  (See MSN Article Here)

Who Is Ali Chehab?

Ali Chehab (CRD # 7625979) was a former financial advisor based out of Portland, Oregon, who worked for Equitable Advisors (2022–2023) and Merrill Lynch (2023–2024). He is currently unlicensed and not affiliated with any broker-dealer or investment advisory firm.

In August 2025, FINRA filed a formal complaint against Chehab (See Complaint Here ) alleging that he:
– Engaged in unauthorized trading in customer accounts
– Recommended investments outside of firm approval (selling away)
– Used personal email to communicate about firm business
– Made false and misleading statements to clients
– Refused to cooperate with FINRA’s investigation, stating: “I do not care if I get barred.”

Customer Complaints and Settlements

FINRA’s BrokerCheck report shows multiple customer complaints against Chehab:
– In 2025, two customer complaints alleged unauthorized use of client login credentials, settled for $319,415 and $42,784.
– A 2024 complaint allegedly involving selling away via personal texts was closed without action.

These allegations raise serious concerns about investor protection and firm supervision.

Why This Matters for Portland Investors

If you lost money with Ali Chehab, contact Israels & Neuman as soon as possible, as you may have a valid claim for recovery. Unauthorized trading, misrepresentation, and selling away are violations of FINRA rules and may also constitute breaches of fiduciary duty. Brokerage firms can be held liable for failing to supervise their financial advisors properly.

The Best Law Firm to Help Investors Recover Losses

Israels & Neuman, PLC is a nationally recognized securities fraud law firm, and we have offices located near Portland, Oregon. We help clients recover investment losses through FINRA arbitration and securities litigation. Our attorneys have extensive experience handling claims involving unauthorized trading, negligence, misrepresentation, and failure to supervise.

How to Contact Us

We are currently investigating claims related to Ali Chehab and offer Free Consultations to affected investors.

If you or someone you know lost money with former broker Ali Chehab, contact Israels & Neuman, PLC today.

(206) 795-5798 or (720) 599-3505

Visit us at www.israelsneuman.com