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FINRA Broker Allegations

Allegations against: John Edward Orcutt

Allegation type: Customer Dispute

Allegation status: Settled

The allegations read: Time frame: february 8, 2007 to july 20, 2009 the client alleges that his financial advisor stated that his funds would be invested in an annuity policy that included the same provisions as his previous annuity which included a living benefit step-up of 6% per year. previous annuity. The alleged damages are in excess of $5,000.00.

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