February 2018-Palmer, Massachusetts
Kimberly Pine Kitts was recently discharged from Royal Alliance Associates where she had been employed since 4/2004 after receiving notice from a customer’s attorney alleging conversion or misappropriation of funds.
Her FINRA record discloses that in November 2017 a Royal Alliance customer alleged conversion or misappropriation of funds and is seeking damages in an unspecified amount.
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
In January 2018, FINRA suspended Kitts for failing to respond to FINRA requests for information in connection with an investigation. If Kitt fails to request termination within three months of the date of the notice of suspension, she will automatically be barred from the industry.
Kitts discloses business affiliations with Marquis Consulting in Orleans, MA, , Sound Financial, LLC, and Invescor.
If you had an account handled by Kimberly Pine Kitts and have questions about the way it was handled, call to speak with an experienced securities attorney to discuss your options.
Rex Securities Law , with offices in Boca Raton, FL, and Austin, TX, provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.
Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.
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