Investor Alleges Luis Gesualdo Perez Made Misrepresentations

Luis Gesualdo Perez (CRD #: 1385146), a broker formerly registered with Equitable Advisors, allegedly made misrepresentations, according to his BrokerCheck record, accessed on August 17, 2025. Keep reading if you want to know more about his alleged conduct as a broker.

Investor Dispute

On July 8, 2025, an investor alleged that Luis Gesualdo Perez made misrepresentations in relation to a variable annuity purchased in 2006. This dispute was denied by the firm.

However, investors can still pursue FINRA arbitration and potentially recover their losses following a denial.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, or otherwise fraudulent tactics to influence investors’ decisions. This includes the misrepresentation or omission of material facts relating to investments, such as their potential expenses, risks, or returns.

What are Variable Annuities?

Variable annuities are insurance products that come with an investment component. However, the fees, surrender charges, and potential tax liability associated with variable annuities can negate their supposed benefits. Their lack of liquidity can also expose investors to an unsuitable degree of risk.

Background Information

Luis Gesualdo Perez has passed the following exams:

• Investment Company Products/Variable Contracts Principal Examination – Series 26
• Securities Industry Essentials Examination – SIE
• Investment Company Products/Variable Contracts Representative Examination – Series 6
• Uniform Investment Adviser Law Examination – Series 65

He has also worked for Equitable Advisors (CRD#:6627) and The Equitable Life Assurance Society of the United States (CRD#:4039).

Kurta Law Can Help

If you worked with Luis Gesualdo Perez 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 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.