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Investor Alleges Jared Gaddis Misrepresented Insurance Policy

Nov 4, 2022 Misrepresentation

Jared Gaddis (CRD #: 5925135), a broker registered with Equitable Advisors, was recently named in an investor dispute, according to his BrokerCheck record, accessed on October 17, 2022. Keep reading if you want to know more about his conduct as a broker.

Investor Dispute

On June 29, 2022, an investor alleged that Jared Gaddis misrepresented a variable insurance policy purchased in 2020. This dispute was denied by the firm.

Investors should know, however, that firms can deny disputes without an external review and investors may be able to recoup their losses by seeking out FINRA arbitration following a denial. Contact a securities lawyer if you have concerns about misrepresentation. 

FINRA Rule 2020

FINRA Rule 2020 bans the use of deception, manipulation, or other fraudulent means of influencing investors’ decisions. This includes the misrepresentation or omission of information related to investments.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 are also violations of Rule 2010. 

Background Information

Jared Gaddis 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

Jared Gaddis is a registered broker in eight states and a registered investment adviser in Illinois, New Jersey, Oklahoma, Texas, and Virginia.

Kurta Law Can Help

If you worked with Jared Gaddis 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.