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Kevin O’Callahan Involved in a Variable Annuity Dispute

Kevin O’Callahan (CRD #: 7320705), a broker registered with Fidelity Brokerage Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on September 6, 2024. Details concerning this dispute are provided below. 

Investor Allegations 

On June 7, 2024, an investor alleged that Kevin O’Callahan misled her when she purchased a variable annuity. 

What is a Variable Annuity? 

Variable annuities are complex investments. They are insurance products that come with an investment component. The associated fees, surrender charges, and potential tax liability can negate any supposed benefits they offer. Furthermore, the risk associated with this type of illiquid investment makes it unsuitable for many investors. 

Background Information 

Kevin O’Callahan has passed the following exams: 

  • Series 65 Uniform Investment Adviser Law Examination 
  • Series 63 Uniform Securities Agent State Law Examination 
  • Series 7TO General Securities Representative Examination 
  • Series 6TO Investment Company Products /Variable Contracts Representative Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 9 General Securities Sales Supervisor – Options Module Examination 

He is a registered broker in 24 states and is a registered investment adviser in Ohio and Texas. 

During three years in the securities industry, Kevin O’Callahan has registered with four firms: 

  • Fidelity Brokerage Services (CRD #: 7784) 
  • Fidelity Personal and Workplace Advisors (CRD #: 288590) 
  • Eagle Strategies (CRD #: 110826) 
  • NYLife Securities (CRD #: 5167) 

Kurta Law Can Help 

If you worked with Kevin O’Callahan 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.

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