Annuity fraud occurs when dishonest agents or insurance companies mislead consumers into buying unsuitable or misleading annuities. In many cases, these products come with high fees and few benefits.
1. December 10, 2024 Three brokers and five insurance companies sold an elderly man annuities that were unsuitable, his widow claims in a New York lawsuit. The widow of a New York City man who ...
You'll also want to be on the lookout for annuity fraud, which occurs when an investor is misled into buying an unsuitable product or selling at an unfair price. Unethical annuity agents may write ...
A common one is to purchase an annuity. Annuities have the potential to provide a steady stream of income, but if you don’t shop carefully, you could risk losing your investment altogether.
With sales of annuities exploding to record levels, it’s probably no surprise that in the first nine months of 2024 total annuity sales increased 23% to $331.2 billion, and are on pace for ...
Fighting For Investors For Over 30 Years Our annuity fraud lawyers work with U.S. and foreign investors in the pursuit of damages they are owed by U.S. broker-dealers and investment advisers.
Fighting For Investors For Over 30 Years Our annuity fraud lawyers work with U.S. and foreign investors in the pursuit of damages they are owed by U.S. broker-dealers and investment advisers. Over the ...