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Chuck Hawes Allegedly Engaged in Misrepresentation

Chuck Hawes (CRD #: 4190938), a previously registered broker with TIAA-Cref Individual & Institutional Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on July 25, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On May 17, 2024, legal representation alleged that Chuck Hawes misrepresented the annuitization process. The investor allegedly believed her funds would convert to a life annuity when she turned 65. This allegedly led to a delay in the initiation of annuity payments, and when the monthly payments commenced, the payments were allegedly $700 less than the client anticipated. 

Misrepresentation 

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

Background Information 

Chuck Hawes has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination 
  • 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

Kurta Law Can Help 

If you have worked with Chuck Hawes and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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