Attorneys for Victims of Annuity Fraud
Variable annuities are investment products created and heavily marketed by almost every major brokerage firm and investment fund in America. Regardless what you may have been told, annuities are not a safe or appropriate investment for everyone. There is a substantial risk of finding your assets tied up for many years before the annuity reaches maturity. Failure to disclose the risks or inappropriately marketing an annuity may constitute fraud.
At the Birmingham, Alabama, law firm of Burke, Harvey & Frankowski, our securities lawyers are dedicated to standing up for the rights of individual consumers and families who have suffered substantial financial losses due to annuity fraud, stock fraud and other stockbroker fraud and wrongdoing.
If you believe you were a victim of annuity fraud, we invite you to contact our offices today to discuss your legal options with an experienced securities lawyer. Our firm serves clients in Alabama, Georgia and the Florida Panhandle.
Variable Annuity Fraud and Misrepresentation
Investment advisors are required to take an investor's age into account when allocating assets. Annuities are typically inappropriate investments for senior citizens and those nearing retirement age, but many brokers, advisors and financial institutions continued to actively market variable annuities to seniors. This may constitute fraud.
The team at Burke, Harvey & Frankowski firmly believes that brokerage firms and individual brokers who targeted older and inexperienced investors in order to promulgate an annuity fraud scheme should be held accountable. Please call us at 205-588-4052 or toll free at 888-880-9046 to schedule a free consultation with an experienced lawyer who can help you understand your rights under state and federal securities law. You may also contact us by e-mail for a prompt response to your important questions or to request a case evaluation.
