David Qubty: Principal Securities Rep Discharged After Trade Frequency Investigation
Public records provided by the Financial Industry Regulatory Authority and accessed on June 18, 2019 indicate that former Florida-based Principal Securities broker David Qubty was recently discharged from a 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 Mr. Qubty (CRD# 5273129).
David Qubty has spent 12 years in the securities industry and was most recently registered with Principal Securities in Orlando, Florida (2013-2019). He was previously registered with New England Securities in Orlando, Florida (2007-2013). He has passed four securities industry examinations: Series 63 (Uniform Securities Agent State Law Examination), which he obtained on September 10, 2008; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; Series 7 (General Securities Representative Examination), which he obtained on February 19, 2008; and Series 6 (Investment Company Products/Variable Contracts Representative Examination), which he obtained on January 23, 2007. He is currently not registered with any state or firm.
According to his BrokerCheck report, he was recently discharged from a former employer in connection to alleged rule violations.
In May 2019 David Qubty was terminated from his position at Principal Securities in Orlando, Florida following an investigation that allegedly “raised concerns” regarding the frequency of transactions executed in unspecified securities “in some accounts.”
If you or someone you know has lost money investing with David Qubty, 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.