Kirk Badii: Suitability Complaint Against UBS Rep

Kirk BadiiPublicly available records published by the Financial Industry Regulatory Authority (FINRA) and accessed on May 13, 2019 indicate that Massachusetts-based Cantella & Company broker/adviser Kirk Badii has received a pending customer complaint and was discharged from a former employer in connection to alleged rule violations. Fitapelli Kurta is interested in speaking to investors who have complaints regarding Mr. Badii (CRD# 5829768).

Kirk Badii has spent seven years in the securities industry and has been registered with Cantella & Company in Malden, Massachusetts; Los Angeles, California; and Irvine, California since 2018. Previous registrations include Raymond James Financial Services in Torrance, California (2018); UBS Financial Services in Los Angeles, California (2012-2018); and Credit Suisse Securities in Los Angeles, California (2011-2012). He has passed three securities industry examinations: Series 66 (Uniform Combined State Law Examination), which he obtained on September 2, 2011; SIE (Securities Industry Essentials Examination), which he obtained on October 1, 2018; and Series 7 (General Securities Representative Examination), which he obtained on August 22, 2011. He is a registered broker and investment adviser with 19 US states and territories: Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, Texas, Utah, and Wisconsin.

According to his BrokerCheck report, he has received one pending customer complaint, was discharged from a former employer in connection to alleged rule violations, and resigned from a former employer in connection to alleged rule violations.

In April 2019 a customer alleged Kirk Badii, while employed at UBS Financial Services, recommended unsuitable and illiquid securities. The customer is seeking unspecified damages in the complaint, in which Mr. Badii is “not a respondent,” per his “Broker Statement” on the disclosure.

In 2018 he was terminated from his position at UBS Financial Services in connection to allegations he violated firm social media policy and violated policies regarding client and prospect on-boarding.

In 2012 he was “permitted to resign” from his position at Credit Suisse Securities following allegations he claimed that another firm employee had sent an unapproved correspondence “outside the firm prior to its approval,” then admitted he sent it.

If you have lost money investing with Kirk Badii, call Fitapelli Kurta at 877-238-4175 without delay. You may be entitled to recoup your losses. We accept all cases on contingency: Fitapelli Kurta only gets paid if and when you collect money. Time to file your claim may be limited by law, so we recommend you avoid delay. Call 877-238-4175 now to speak to an attorney for free.