Angela Jubran Allegedly Failed to Advise Client on Mitigating Risk

Angela Jubran (CRD #: 5987708), a broker registered with NYLIFE Securities, allegedly failed to properly inform a client, according to her BrokerCheck record, accessed on May 25, 2023. If you have questions about her alleged conduct as a broker, read on.

Investor Dispute

On March 24, 2023, an investor alleged that Angela Jubran failed to respond to the client’s requests for advice on how to mitigate market losses in her variable annuity and brokerage accounts, resulting in the poor performance and client’s ultimate closing of those accounts.

The client further alleged that Angela Jubran failed to fully inform her about her ability to access the funds in her fixed income annuities.

This dispute was denied by the firm. Investors should be aware, however, that firms can deny disputes without an external review. Investors may be able to recover their losses by seeking out FINRA arbitration after a denial.

FINRA Rule 2020

FINRA Rule 2020 prohibits the use of manipulative, deceptive, or otherwise fraudulent means of influencing investors’ decisions. The misrepresentation or omission of material facts violates this rule.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

What are Variable Annuities?

Variable annuities are complex investments. These policies can decline in value depending on the performance of the underlying security. Surrender charges, tax penalties, and other fees can make these policies unsuitable.

Background Information

Angela Jubran has passed the following exams:

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

She has also worked for Arizona, California, New York, and Tennessee.

Kurta Law Can Help

If you worked with Angela Jubran 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 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.