William Worth Allegedly Misrepresented Variable Annuity’s Fees

William Worth (CRD #: 3028270), a broker registered with Equitable Advisors, allegedly misrepresented an investment’s fees, according to his BrokerCheck record, accessed on March 11, 2025. If you have questions about his alleged conduct as a broker, read on.

Investor Dispute

On December 29, 2024, an investor alleged that William Worth misrepresented the policy fees of a variable annuity sold to the client in 2022. The investor sought $100,000 in damages but the firm denied the dispute.

Investors should be aware, however, that they can still seek out FINRA arbitration and potentially recover their losses even if a firm denies their dispute.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulation, deception, and other fraudulent methods to influence investors’ decisions. Misrepresenting an investment’s requirements, limitations, or other features violates this rule.

What are variable annuities?

Variable annuities are complex investments whose value depends on the performance of their underlying securities. Surrender charges, tax penalties, and other fees can make these policies unsuitable for certain investors.

Background Information

William Worth has passed the following exams:

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

William Worth is a registered broker in Connecticut, Minnesota, and New York.

He has also worked for the following firms:

• Signator Investors (CRD#:468)
• EQ Financial Consultants (CRD#:6627)
• The Equitable Life Assurance Society of the United States (CRD#:4039)

Kurta Law Can Help

If you worked with William Worth 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 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.