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David Turk Facing a Misrepresentation Dispute

David Turk (CRD #: 2688276), a broker registered with Equitable Advisors, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on February 23, 2024. Keep reading if you have questions regarding this dispute. 

Misrepresentation Allegations

According to allegations filed on November 28, 2023, David Turk made misrepresentations in connection with an annuity. The investor is seeking $202,624.47. 

Misappropriation Allegations

On February 7, 2019, an investor alleged that David Turk misappropriated funds when transferring accounts from Merrill Lynch to AXA. This dispute was denied by the firm. 

FINRA Rule 2020 – Misrepresentation

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. Material facts include information about an investment’s potential returns, as well as charges, expenses, and fees. Brokers must always disclose the risks associated with annuities, such as early withdrawal fees. 

Background Information 

David Turk 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
  • Series 24 General Securities Principal Examination 

He is a registered broker in 14 states and is a registered investment adviser in 12 states. 

During his 28 years in the securities industry, he has registered with three firms: 

  • Equitable Advisors (CRD #: 6627) 
  • The Equitable Life Assurance Society of the United States (CRD #: 4039) 
  • Continental Broker-Dealer Corp. (CRD #: 14048) 

Kurta Law Can Help 

If you have worked with David Turk and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or 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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