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Kevin Hannigan Allegedly Failed to Inform Client of Annuity’s Surrender Charges

Kevin Hannigan (CRD #: 4815869), a broker registered with Edward Jones, allegedly failed to fully inform a client, according to his BrokerCheck record, accessed on January 24, 2023. Read on to learn more about his alleged conduct as a broker.

Investor Disputes

On November 28, 2022, an investor alleged that Kevin Hannigan failed to inform her about the surrender charges associated with her fixed annuity. This dispute is currently pending.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of manipulation, deception, and other unethical tactics to influence the purchase and sale of securities. This includes the misrepresentation or omission of information, such as an investment’s potential surrender charges, risks, or returns.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of many other rules may also violate FINRA Rule 2010.

Background Information

Kevin Hannigan has passed the following exams:

  • 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

Kevin Hannigan is a registered broker in 22 states and a registered investment adviser in Florida.

Kurta Law Can Help

If you worked with Kevin Hannigan 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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