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Jeffrey Conflitti Allegedly Misrepresented Variable Insurance Policy

Jeffrey Conflitti (CRD #: 6976640), a broker registered with Equitable Advisors, allegedly misrepresented an insurance product, according to his BrokerCheck record, accessed on October 17, 2022. Read on to learn more about his conduct as a broker.

Investor Dispute

On June 29, 2022, an investor alleged that Jeffrey Conflitti misrepresented a variable insurance policy sold in 2020. Variable insurance policies depend on the performance of underlying securities and are not always suitable. This dispute was denied by the firm.

However, investors should be aware that firms don’t need to allow an outside review before denying a dispute. Investors may be able to recover their funds after a denial by seeking out FINRA arbitration.

FINRA Rule 2020

FINRA Rule 2020 bans the use of fraudulent tactics, like deception or manipulation, as they relate to the purchase and sale of securities. This includes the misrepresentation or omission of material facts about investments.

Background Information

Jeffrey Conflitti has passed the following exams:

  • Series 63 – Uniform Securities Agent State Law Examination
  • Series 7TO – General Securities Representative Examination
  • SIE – Securities Industry Essentials Examination

Jeffrey Conflitti is a registered broker in eight states.

Kurta Law Can Help

If you worked with Jeffrey Conflitti 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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