Jesse Polk Allegedly Misrepresented a Variable Annuity

Jesse Polk (CRD #: 5794306), a broker registered with MML Investors Services, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on September 16, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On August 13, 2024, an investor alleged that Jesse Polk misrepresented a variable annuity. The investor further alleged that they did not know that they were purchasing a variable annuity.  The investor sought $300,000 but the dispute was denied by the firm. Investors should know, however, that firms can deny disputes without any external review. You can still recover losses following a denial. 

There is another denied dispute on his record, dated May 29, 2017. This dispute alleged Jesse Polk recommended investments that resulted in a loss. 

Misrepresentation 

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

Variable Annuities 

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 

Jesse Polk 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 

He is a registered broker and investment adviser in Minnesota. He is also a registered broker in Florida and Illinois. 

Kurta Law Can Help 

If you worked with Jesse Polk and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email 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.