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Investor Alleges Christopher Clackson Misrepresented Variable Annuity

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
September 29, 2025 at 10:00pm

Christopher Clackson (CRD #: 6231807), a broker registered with RBC Capital Markets, allegedly misrepresented a variable annuity, according to his BrokerCheck record, accessed on September 8, 2025. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On June 23, 2025, an investor alleged that Christopher Clackson misrepresented a variable annuity purchased in March 2024. The client sought $450,000 in damages and received a settlement of $72,995.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

What are Variable Annuities?

Variable annuities are complex insurance products that come with an investment component. However, investors should be aware that the fees, surrender charges, and potential tax liability associated with variable annuities can negate their potential benefits.

Background Information

Christopher Clackson has passed the following exams:

  • Securities Industry Essentials Examination – SIE
  • General Securities Representative Examination – Series 7
  • Uniform Combined State Law Examination – Series 66

Christopher Clackson is a registered broker in 23 states and a registered investment adviser in Pennsylvania and Texas.

He has also worked for Morgan Stanley (CRD#:149777)

Kurta Law Can Help

If you worked with Christopher Clackson 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 that 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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