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Citizens Securities Fires Stephen Hannah Following Criminal Charges

Dec 28, 2021 Fired Brokers

Stephen Hannah (CRD #: 4528262), has been fired from his position at Citizens Securities, according to his BrokerCheck record, accessed on December 7, 2021. 

Employment Termination Details  

On October 22, 2021, Citizens Securities fired Stephen Hannah for allegedly failing to report a felony charge in a timely manner. He also allegedly failed to cooperate with the firm's investigation into the same matter. 

Criminal Charge Details 

Stephen Hannah is facing a pending criminal charge. On October 4, 2021, Stephen Hannah was charged with using a computer to commit a crime. Allegedly he used a computer to capture and distribute images of an unclothed person. The charge is pending.  

Unsuitability Allegations 

According to allegations filed on May 13, 2014, Stephen Hannah allegedly recommended a single premium immediate annuity, which the client later claimed was unsuitable. The damage amount requested was $50,813.55. The firm denied the dispute, but investors should know that firms can deny disputes without any external review. Investors should know that they can still pursue FINRA arbitration and recover their losses following a denial.  

Background Information 

Stephen Hannah has passed the following exams: 

  • Series 63 - Uniform Securities Agent State Law Examination 
  • Series 65 - Uniform Investment Adviser Law Examination 
  • SIE - Securities Industry Essentials Examination 
  • Series 7 - General Securities Representative Examination 
  • Series 6 - Investment Company Products/Variable Contracts Representative Examination 

He has also worked with the following firms: 

  • PNC Investments (CRD#:129052) 
  • Essex National Securities (CRD#:25454) 
  • Farmers Financial Solutions (CRD#:103863) 
  • PFS Investments (CRD#:10111) 

Kurta Law Can Help  

If you have been victimized by Stephen Hannah as a broker, don't hesitate to get in touch with us today at 877-600-0098 or 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 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.