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Bradley Johnson Allegedly Misinformed Client About Variable Annuity

Bradley Johnson (CRD #: 3126357), a broker registered with NYLIFE Securities, allegedly misinformed a client, according to his BrokerCheck record, accessed on January 26, 2023. Investors may have also engaged his services through Eagle Strategies. Keep reading to learn more about his alleged conduct as a broker.

Investor Dispute

On November 15, 2022, an investor alleged that Bradley Johnson misinformed him with regard to the terms and conditions of a variable annuity purchased on December 23, 2021. This dispute was denied by the firm.

However, investors should be aware that firms don’t need to allow an external review before denying disputes. Investors may still be able to recoup their losses by pursuing FINRA arbitration following a denial.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, or otherwise unethical tactics to influence investors’ decisions. The misrepresentation or omission of material facts violates this rule.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Bradley Johnson has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination
  • Series 6 – Investment Company Products/Variable Contracts Representative Examination

Bradley Johnson is a registered broker in 17 states and a registered investment adviser in California and Texas.

Kurta Law Can Help

If you worked with Bradley Johnson and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com 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. 

 

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