Publicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on December 21, 2017 indicate that former Massachusetts-based Royal Alliance Associates broker/adviser Kimberly Kitts was recently discharged from her former employer in connection to alleged rule violations and is currently not affiliated with any broker-dealer firm. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Ms. Kitts (CRD# 2768200).
Kimberly Kitts has spent 18 years in the securities industry and was most recently registered with Royal Alliance Associates in Palmer, Massachusetts (2004-2017). Previous registrations include ING Financial Partners in Des Moines, Iowa (2003-2004); Forum Fund Services in Portland, Maine (2002); PFPC Distributors in Berwyn, Pennsylvania (1999-2001); New England Securities in New York, New York (1998-1999); and Jackson National Financial Services in El Segundo, California (1997-1998). She has passed six securities industry examinations: Series 66 (Uniform Combined State Law Examination), which she obtained on August 12, 2003; Series 63 (Uniform Securities Agent State Law Examination), which she obtained on November 17, 1997; Series 7 (General Securities Representative Examination), which she obtained on June 4, 2001; Series 6 (Investment Company Products/Variable Contracts Representative Examination), which she obtained on July 9, 1996; Series 24 (General Securities Principal Examination), which she obtained on September 23, 2004; and Series 26 (Investment Company Products/Variable Contracts Principal Examination), which she obtained on October 13, 1997. She is currently not registered with any state or firm.
According to her BrokerCheck report, she has received one customer complaint and three customer complaints that were closed or denied, and she was terminated from her former employer.
In November 2017 she was terminated from her position at Royal Alliance Associates following allegations she converted or misappropriated funds.
In November 2017 a customer alleged Kimberly Kitts, while employed at Royal Alliance Associates, converted or misappropriated funds. The customer is seeking unspecified damages in the pending complaint.
In 2012 a customer alleged Kimberly Kitts, while employed at Royal Alliance Associates, gave poor recommendations and advice that resulted in losses. The customer sought $24,778 in damages in the complaint, which was denied.
In 2010 a customer alleged Kimberly Kitts, while employed at Royal Alliance Associates, recommended unsuitable annuity exchanges. The customer sought $44,000 in damages in the complaint, which was denied.
In 2008 a customer alleged she, while employed at Royal Alliance Associates, failed to execute an order to liquidate the accounts. The customers ought $180,000 in damages in the complaint, which was denied.
If you or someone you know has lost money investing with Kimberly Kitts, call Fitapelli Kurta at 877-238-4175 for a free consultation. You may be eligible to recoup your losses. Fitapelli Kurta accepts all cases on a contingency basis: we only get paid if and when you collect money. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.