National investment loss lawyers KlaymanToskes is investigating broker Gilbert Kuta (CRD# 1084075) of Aegis Capital, and formerly of Capitol Securities Management.
According to FINRA BrokerCheck, broker Gilbert Anthony Kuta has been involved in several customer complaints. The investor complaint allegations include excessive trading, unsuitable investment recommendations, and poor performance. Three recent complaints have been settled in favor of the investors for a total of $164,000. Kuta was suspended and fined by the Financial Industry Regulatory Authority (“FINRA”) in 2021, due to findings that he exercised discretion without written authorization in customers’ accounts.
Investors that suffered losses with broker Gilbert Kuta are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Financial advisor Gilbert Kuta of Aegis Capital has been involved in a number of customer disputes, according to Financial Industry Regulatory Authority (“FINRA”) records. Kuta has 17 disclosures on his Brokercheck report, including 3 recent customer complaints which have been settled in favor of the investors for $164,000, collectively. In 2021, Kuta was suspended and fined by FINRA. The findings stated that although the customers knew that Kuta was exercising discretion in their accounts, he did not have prior written authorization to do so from any of the customers. Additionally, Kuta’s member firm had not approved any of these accounts for discretionary trading. Kuta was registered with Capitol Securities Management from October 2013 to March 2020 in Timonium, MD. Kuta is currently registered with Aegis Capital Corp.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Gilbert Kuta, or have concerns regarding your investment portfolio at Aegis Capital, Capitol Securities Management, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.