Investor Alleges Samuel Myers Engaged in Misconduct Involving Annuity

Samuel Myers (CRD #: 6924769), a broker registered with Edward Jones, is the subject of a pending investor dispute, according to his BrokerCheck record, accessed on June 20, 2023. If you have questions about his alleged conduct as a broker, keep reading.

Investor Dispute

On April 25, 2023, an investor alleged that Samuel Myers engaged in the theft of funds from her annuity, manipulated her into transferring the annuity to Edward Jones, and made recommendations that caused her to lose her death benefit.

The client seeks $57,000 in damages in this pending dispute.

FINRA Rule 2150

FINRA Rule 2150 prohibits the improper use of investors’ funds.

FINRA Rule 2020

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent means of influencing the purchase and sale of securities.

FINRA Rule 2111

FINRA Rule 2111 requires that brokers tailor their investment recommendations to an investor’s profile, which contains information about their risk tolerance, tax status, and investment goals.

Investors who rely on brokers for recommendations may be able to recover their losses through FINRA arbitration.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

Background Information

Samuel Myers has passed the following exams:

• Series 66 – Uniform Combined State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 7 – General Securities Representative Examination

Samuel Myers is a registered broker in ten states and a registered investment adviser in South Carolina and Texas.

Kurta Law Can Help

If you worked with Samuel Myers 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.