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Jack Reich Allegedly Misrepresented a Variable Annuity

Securities Lawyer Jonathan Kurta
By: Jonathan Kurta Author
August 7, 2025 at 1:34am

Jack Reich (CRD #: 5042278), a broker registered with Equitable Advisors, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on August 6, 2025. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations

On April 7, 2025, an investor alleged that Jack Reich made misrepresentations in connection with variable annuities purchased in 2019 and 2020. The dispute was denied by the firm, but investors should know that firms can deny disputes without any external review. Investors can still recover losses following a denial. 

There is another dispute dated March 18, 2019. The executor of the client’s trust alleged he was never informed of withdrawal charges associated with his mother’s variable annuities. 

Variable Annuities

Jack Reich Allegedly Misrepresented a Variable Annuity

Variable annuities are complex investments. These policies can decline in value depending on the performance of the underlying securities. Surrender charges, tax penalties, and other fees can make these policies unsuitable.

Background Information 

Jack Reich has passed the following exams: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • 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 
  • Series 24 General Securities Representative Examination 

Kurta Law Can Help

If you worked with Jack Reich and 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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