DID GILBERT ANTHONY KUTA CAUSE YOU INVESTMENT LOSSES?
Gilbert Kuta Of Aegis Capital Corp Has 10 Customer Complaints For Alleged Broker Misconduct
About Gilbert Kuta of Aegis Capital Corp?
Gilbert Kuta (CRD #1084075) ) has had a prolific career in the securities industry, marked by multiple registrations and extensive examination achievements. He is currently registered with Aegis Capital Corp. in Timonium, Maryland, where he has been since March 3, 2020. His industry journey has seen him pass four general industry/product exams, including the Series 7 and Series 65, and he holds securities licenses in 14 U.S. states and territories. Over his career, Kuta has worked with numerous firms, including notable names such as Merrill Lynch and RBC Capital Markets, totaling at least nine different employers since entering the industry.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Gilbert Kuta Customer Complaints and Reviews
Kuta’s career has encountered several regulatory and customer disputes:
- Regulatory Events: 4 instances, including a notable FINRA action in 2021 where he was fined and suspended for exercising discretion without written authorization in customer accounts.
- Customer Disputes: 10 reported disputes, notably including a settled case in 2014 involving unsuitable investment recommendations with alleged damages of $91,567, settled for $22,500.
- Terminations: One termination event from Smith Barney Shearson in 1993, where he was permitted to resign after reimbursing a client for losses which was seen as inappropriate by the firm.
Allegations Against Gilbert Kuta
- Regulatory Actions: Multiple regulatory actions including unauthorized trading and failure to supervise. One significant regulatory event in 2021 involved unauthorized discretionary trading.
- Customer Complaints: Several complaints including claims of unsuitable recommendations, excessive commissions, and unauthorized trading, with various outcomes ranging from settlements to dismissals.
- Terminations: The noted termination in 1993 following the reimbursement of a client’s trading losses.
Gilbert Kuta Red Flags & Your Rights As An Investor
Of course, Gilbert Kuta did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Gilbert Kuta at Aegis Capital Corp on alert to review carefully the activity and performance of their accounts and question whether Gilbert Kuta has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Aegis Capital Corp also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Aegis Capital Corp Due To Gilbert Kuta
If you have questions about Aegis Capital Corp and/or Gilbert Kuta and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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