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Bryan Plunkett Allegedly Misrepresented Variable Annuity

Bryan Plunkett (CRD #: 6909586), a broker registered with Equitable Advisors, allegedly made misrepresentations, according to his BrokerCheck record, accessed on December 26, 2022. If you want to learn more about his alleged conduct as a broker, keep reading.

Investor Dispute

On November 1, 2022, an investor alleged that Bryan Plunkett misrepresented a variable annuity in 2022. The firm denied this dispute.

Investors should be aware, however, that firms don’t need to allow an external review before denying a dispute. Investors can still seek out FINRA arbitration and may be able to recover their losses following a denial.

Variable annuities are complex insurance products. They can decline in value depending on the performance of the underlying security. Surrender charges, tax penalties, and other fees can make variable annuities unsuitable.

FINRA Rule 2020

FINRA Rule 2020 bans the use of deception, manipulation, and other unethical tactics to influence investors’ decisions. This includes the misrepresentation of information, such as an investment’s requirements, limitations, or risks.

Background Information

Bryan Plunkett has passed the following exams:

  • Series 65 – Uniform Investment Adviser Law Examination
  • Series 63 – Uniform Securities Agent State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

Bryan Plunkett is a registered broker in 12 states and a registered investment adviser in eight states.

Kurta Law Can Help

If you worked with Bryan Plunkett 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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