Gilbert Kuta
The securities and investment fraud law firm Fitapelli Kurta is interested in hearing from investors who have complaints regarding Maryland-based Capitol Securities broker/adviser Gilbert Kuta (CRD# 1084075).
Gilbert Kuta has spent 32 years in the securities industry and has been registered with Capitol Securities Management in Timonium, Maryland since 2009. Previous registrations include RBC Capital Markets in Hunt Valley, Maryland (2009); Ferris Baker Watts in Hunt Valley, Maryland (1994-2009); Smith Barney Shearson in New York, New York (1993-1994); Lehman Brothers in New York, New York (1992-1993); Painewebber Incorporated in Weehawken, New Jersey (1989-1992); A.G. Edwards & Sons in St. Louis, Missouri (1985-1989); Laidlaw Ansbacher Incorporated (1984-1985); and Merrill Lynch, Pierce, Fenner & Smith (1982-1984).
According to his BrokerCheck report, Gilbert Kuta is the subject of four customer complaints and three regulatory sanctions, and was discharged from his position at Smith Barney Shearson.

  • In 2014 a customer alleged Gilbert Kuta, while employed at RBC Capital Markets and Ferris Baker Watts, recommended unsuitable investments in mutual funds and unit investment trusts. The complaint settled for $22,500.
  • In 2011 a customer alleged Gilbert Kuta, while employed at RBC Capital Markets, made unsuitable investment recommendations. The complaint settled in 2012 for $270,000.
  • In 2008 a customer alleged Gilbert Kuta, while employed at Ferris Baker Watts, engaged in unsuitable investment strategies. The customer sought $250,000 in damages in the complaint, which was denied.
  • In 2007 a customer alleged Gilbert Kuta, while employed at Ferris Baker Watts, led an unsuitable investment strategy, improperly used margin, and generated high commissions. The complaint settled for $60,000.
  • In 2002 a customer alleged Gilbert Kuta, while employed at Ferris Baker Watts, misrepresented material facts related to a municipal bond. The customer sought $22,000 in damages in the complaint, which was denied.
  • In 1994 Maryland sanctioned Gilbert Kuta, while he was employed at Ferris Baker Watts,  following unspecified allegations. Mr. Kuta consented to heightened supervisory procedures.
  • In 1994 the Commonwealth of Virginia sanctioned Gilbert Kuta, while he was employed at Ferris Baker Watts, following unspecified allegations. Mr. Kuta consented to heightened supervisory procedures.
  • In 1993 Gilbert Kuta was “permitted to resign” from his position at Shearson Smith Barney following allegations he personally reimbursed a client for losses.
  • In 1993 the New York Stock Exchange Division of Enforcement sanctioned Gilbert Kuta following allegations, among others, he engaged in conduct inconsistent with just and equitable principles of good trade. Mr. Kuta was censured and issued a one-month suspension from the securities industry.

If you have lost money investing with Gilbert Kuta, you may be able to recover your losses. Call the securities and investment fraud law firm Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on contingency: Fitapelli Kurta only gets paid if and when you collect money. The law establishes a limited window to file claims, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.