Victim of Financial Fraud? Call Now
Home » Broker Blog » Ted Manly: Did a Variable Annuity Lead to Investor Losses?

Ted Manly: Did a Variable Annuity Lead to Investor Losses?

Ted Manly (CRD #: 6718835), a broker registered with NYLife Securities, is involved in an investor dispute, according to his BrokerCheck record, accessed on July 28, 2021. Details are provided below. 

On June 15, 2021, an investor alleged that Ted Manly misled them when he offered assurances that liquidating mutual fund shares to purchase a variable annuity would not create a taxable event. (Investors should note that variable annuities are complex contracts that often do not work to the advantage of investors.)

Ted Manly Background Information

Manly has passed the following exams:

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

He is a registered broker in California, Florida, and Georgia.

He has only ever registered with NYLife Securities (CRD #: 5167)

Kurta Law Can Help

If you worked with Ted Manly and you have concerns about your investments, contact Kurta Law today. Call 212-658-1502 or email jkurta@kurtalawfirm.com.

Recent Results

$16.75M

Million

Recovery for ARC NYC REIT Investors
Learn More
Kurta Law recovered millions of dollars for investors who purchased the speculative and unsuitable ARC NYC REIT. The arbitration settled for substantially more than the investor losses.

Recent Results

$9.3M

Million

Investors Receive Award for More than their Losses
Learn More
Jonathan Kurta was able to recover over $9.3 million for a group of defrauded investors. The claims were based upon the brokerage firm’s failure to supervise a stockbroker who stole client funds and then prepared and disseminated fake account statements for decades.

Recent Results

$7.1M

Million

Elderly Victims Recover After a Decade of Fraud
Learn More
Jonathan Kurta represented a group of elderly women who were the victims of a financial crime perpetrated by a rogue broker. The broker utilized forged documents to steal funds from the clients’ accounts over a decade.

Recent Results

$4.2M

Million

Investor vs. Royal Alliance
Learn More
Jonathan Kurta represented an investor who alleged that Royal Alliance Associates had not fulfilled their supervisory duties. This allegedly allowed brokers to engage in conversion and RICO violations. Read a copy of the award here.

Recent Results

$1M

Million

Utah Firm Executed Unnecessary Transaction
Learn More
A FINRA panel sided with Kurta Law and found that a Utah brokerage firm executed unnecessary transactions in order to generate more commissions. Read a copy of the award here.

Recent Results

$2M

Million

Arizona Investors Options Trading Scam
Learn More
Kurta Law negotiated a $2 million settlement on behalf of Arizona investors who were defrauded in an options trading scam.

Categories