The allegations read: Client indicates the fixed annuity they were sold was misrepresented, client indicates they were told this was the only product available to them. Both abeyta and ray told clients that the annuity sold was "zero loss". Clients indicate they were not informed of fees and product was sold as a "sure thing". Clients indicate they were not told of commissions generated, the fact that abeyta would generate bonus commissions for himself and other benefits from issuer. Client indicates that abeyta and hart failed in their fiduciary duties and were only looking at their own personal financial gain. Clients are requesting rescission.
