Geoff Collins Allegedly Misrepresented Annuitization Options

Geoff Collins (CRD #: 3031534), a broker registered with Wells Fargo Advisors Financial Network, is the subject of an investor dispute. This is according to his BrokerCheck record, accessed on May 24, 2024. Details concerning this dispute are provided below. 

Investor Allegations 

On March 19, 2024, an investor alleged that Geoff Collins misrepresented the annuitization options available when the contract period ended. The investor is seeking $75,000. 

Misrepresentation 

FINRA Rule 2020 forbids the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

High Standards of Commercial Honor 

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade. Violations of FINRA Rule 2020 also violate this rule. 

Background Information 

Geoff Collins has passed the following exams: 

• Series 66 Uniform Combined State Law Examination
• Series 63 Uniform Securities Agent State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 
• Series 24 General Securities Representative Examination 

He is a registered broker in 30 states and D.C. He is a registered investment adviser in North Carolina and Texas. 

During his 25 years of experience, Geoff Collins has registered with the following firms: 

• Wells Fargo Advisors Financial Network (CRD #: 11025) 
• Wells Fargo Clearing Services (CRD #: 19616) 
• Advantage Capital Corporation (CRD #: 146) 
• FSC Securities Corporation (CRD #: 7461) 
• Legend Equities Corporation (CRD #: 30999) 
• Dean Witter Reynolds (CRD #: 7556)

Kurta Law Can Help 

If you have worked with Geoff Collins 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.