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Michael Antalek is the Subject of a Variable Life Insurance Policy Dispute

Michael Antalek (CRD #: 6684654), a broker registered with Hornor, Townsend & Kent, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 17, 2024. Details concerning this dispute are provided below. 

Investor Allegations 

On April 24, 2024, an investor alleged Michael Antalek recommended an unsuitable variable life insurance policy in 2022. The variable policy was allegedly unsuitable based on her needs and circumstances. 

Investors should know that there are two other disputes from 2024 alleging he recommended an unsuitable variable life insurance policy. 

What is an Unsuitable Investment?

FINRA Rule 2111 requires brokers to evaluate whether an investment strategy fits their investor’s financial goals. Brokers must examine the investor’s profile, which contains the following investor characteristics:

  • Age
  • Risk tolerance
  • Time horizon (i.e., how long the investor plans to hold the investment)
  • Investing experience
  • Tax status
  • Financial goals

Investors who rely on brokers for recommendations may be able to recover losses from unsuitable investment recommendations by pursuing FINRA arbitration.

Kurta Law Can Help 

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