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Oleg Metsaev Allegedly Misrepresented Variable Annuities

Oleg Metsaev (CRD#: 4912859), a broker registered with MML Investors Services, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on September 17, 2024. Investors may have engaged his services through Capstone Partners. 

Investor Allegations 

On August 12, 2024, investors alleged that Oleg Metsaev misrepresented variable annuities. They alleged they were informed these annuities featured guaranteed death benefits. 

Variable Annuities 

Variable annuities are complex investments. These policies can decline in value depending on the performance of the underlying securities. Surrender charges, tax penalties, and other fees can make these policies overly risky. 

Misrepresentation 

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

Background Information 

Oleg Metsaev 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 7 General Securities Representative Examination
  • Series 6 Investment Company Products/ Variable Contracts Representative Examination 

He is a registered broker in 14 states and is a registered investment adviser in Colorado and Texas. 

During his 19 years of experience, Oleg Metsaev has registered with three firms: 

  • MML Investors Services (CRD #: 10409) 
  • MSI Financial Services (CRD #: 14251) 
  • Metropolitan Life Insurance Company (CRD #: 4095) 

Kurta Law Can Help 

If you worked with Oleg Metsaev 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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