Investor Alleges Marc Jacobson Misrepresented Variable Annuity

Marc Jacobson (CRD #: 1908557), a broker registered with Aegis Capital, allegedly misrepresented a variable annuity, according to his BrokerCheck record, accessed on August 7, 2022. If you want to know more about his conduct as a broker, keep reading.

Investor Dispute

On May 18, 2022, an investor alleged that Marc Jacobson misrepresented a variable annuity purchased in 2021. The firm denied this dispute.

Investors should be aware, however, that firms don’t need to allow an external review before denying a dispute. Investors can still pursue FINRA arbitration following a denial and may be able to recover their losses.

FINRA Rule 2020

FINRA Rule 2020 bans the use of deceptive, manipulative, and otherwise unethical tactics to influence investors’ decisions. This includes the misrepresentation of relevant facts, such as an investment’s requirements, risks, or potential returns.

Background Information

Marc Jacobson has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination

Marc Jacobson is a registered broker in 42 states and the District of Columbia. He is also a registered investment adviser in 27 states and the District of Columbia.

He has also worked for the following firms:

• Sagepoint Financial (CRD#:133763)
• Prudential Financial Planning Services (CRD#:5685)
• Pruco Securities (CRD#:5685)
• AXA Advisors (CRD#:6627)
• The Equitable Life Assurance Society of the United States (CRD#:4039)

Kurta Law Can Help

If you worked with Marc Jacobson 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.