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Connor Greenberg Allegedly Misrepresented a VUL Policy

Connor Greenberg (CRD #: 6766810), a broker registered with Purshe Kaplan Sterling Investments, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on June 14, 2024. Keep reading if you have questions regarding his alleged conduct. 

Investor Allegations 

On May 23, 2024, an investor alleged that Connor Greenberg misrepresented a VUL policy sold in 2023. 

What is a VUL? 

Unlike other forms of life insurance, Variable Universal Life insurance policies (VULs) invest a portion of investors’ premiums. These investments determine whether the policy’s value increases or decreases, so investors’ returns are not guaranteed.

FINRA Rule 2020 – Misrepresentation

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. Material facts include information about an investment’s potential returns, as well as charges, expenses, and fees. 

Background Information 

Connor Greenberg has passed the following exams: 

  • Series 66 – Uniform Combined State Law Examination 
  • SIE – Securities Industry Essentials Examination 
  • Series 7 General Securities Representative Examination 

He is a registered investment adviser and broker in Texas. 

During his six years of experience, Connor Greenberg has registered with three firms:

  • Purshe Kaplan Sterling Investments (CRD #: 35747) 
  • Victory Financial (CRD #: 324943) 
  • Equitable Advisors (CRD #: 6627) 

Kurta Law Can Help 

If you have worked with Connor Greenberg and have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors 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. Do not let securities fraud go unchecked. Start your recovery process today.

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