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Danielle Jordan Allegedly Misrepresented Variable Annuities

Danielle Jordan (CRD #: 6155326), a broker registered with NYLIFE Securities, allegedly misrepresented investment products, according to her BrokerCheck record, accessed on August 27, 2022. Read on if you want to know more about her conduct as a broker.

Investor Dispute

On July 1, 2022, several investors filed a dispute alleging that Danielle Jordan misrepresented two variable annuities purchased in January and February 2021. She allegedly represented that these annuities provided a guaranteed principle in exchange for a one-time fee, which allegedly was not the case. The investor is seeking $64,083.34 in this pending dispute.

Variable annuities are complex investments and often come with features that can be confusing. These complicated contracts are often unsuitable for investors. 

FINRA Rule 2020

The misrepresentation of investments violates FINRA Rule 2020, which bans the use of manipulation, deception, and other unethical methods of influencing the purchase and sale of securities.

Background Information

Danielle Jordan has passed the following exams:

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

Danielle Jordan is a registered broker in nine states.

Kurta Law Can Help

If you worked with Danielle Jordan 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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