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Kimberly Tubbs Allegedly Omitted Information About Investments

Kimberly Tubbs (CRD #: 1878909), a broker formerly registered with Principal Securities, allegedly failed to disclose information to a client, according to her BrokerCheck record, accessed on July 14, 2022. Read on if you have questions about Kimberly Andreadis’s conduct as a broker.

Investor Dispute

On May 5, 2022, an investor filed a dispute alleging that Kimberly Tubbs failed to disclose charges, expenses, and fees. She also allegedly had violations relating to suitability. The client sought $65,000 in damages but was denied by the firm.

Investors should be aware, however, that firms can deny disputes without a third-party review. Investors can still seek out FINRA arbitration and potentially recoup their losses following a denial.

FINRA Rule 2020

Omitting material facts related to investments violates FINRA Rule 2020, which bans the use of manipulative or deceptive tactics to influence investors’ decisions.

FINRA Rule 2111

FINRA Rule 2111 defines suitable investments as those that sufficiently match an investor’s profile. These profiles include information about an investor’s risk tolerance, financial goals, age, and more.

Investors who rely on their broker for recommendations may be able to recover their losses through FINRA arbitration.

Background Information

Kimberly Tubbs has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

She previously worked for the following firms:

  • Principal Securities (CRD#:1137)
  • Pruco Securities (CRD#:5685)
  • The Prudential Insurance Company of America (CRD#:680)

Kurta Law Can Help

If you worked with Kimberly Tubbs and you have concerns about your investments, please contact us today at 877-600-0098 or for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.