{"id":4966,"date":"2017-08-02T16:22:03","date_gmt":"2017-08-02T20:22:03","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/?p=4966"},"modified":"2018-10-08T12:40:29","modified_gmt":"2018-10-08T16:40:29","slug":"federal-employee-benefit-counselors-targeted-federal-government-employee-retirement-plan-participants-variable-annuities-scheme","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/federal-employee-benefit-counselors-targeted-federal-government-employee-retirement-plan-participants-variable-annuities-scheme\/","title":{"rendered":"Federal Employee Benefit Counselors Targeted Federal Government Employee Retirement Plan Participants With Variable Annuities Scheme."},"content":{"rendered":"<p>Silver Law Group and The Law Firm of David Chase are reviewing potential claims of fraudulent inducement of federal employees into purchasing high fee paying variable annuity products by LPL Financial LLC (<a href=\"https:\/\/brokercheck.finra.org\/firm\/summary\/6413\" target=\"_blank\">CRD#6413<\/a>) affiliated brokers Brandon Long (<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/5975459\" target=\"_blank\">CRD# 5975459<\/a>) , Christopher S Laws (<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/4479529\" target=\"_blank\">CRD#4479529<\/a>) , Johnathan Dax Cooke (<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/5365691\" target=\"_blank\">CRD#5365691<\/a>) and Danny Scott Hood (<a href=\"https:\/\/brokercheck.finra.org\/individual\/summary\/3236852\" target=\"_blank\">CRD#3236852<\/a>).<\/p>\n<p>Variable annuities (\u201cVAs\u201d) are highly-complex financial products.\u00a0 According to <a href=\"https:\/\/www.thealertinvestor.com\/your-guide-annuities-variable-annuities\/\" target=\"_blank\">FINRA<\/a>, a good way to think of a VA is as a cross between an insurance product and an investment product.<\/p>\n<p>Like <a href=\"http:\/\/www.fool.com\/retirement\/general\/2015\/06\/26\/these-4-types-of-annuities-are-worth-knowing.aspx\" target=\"_blank\">other annuities<\/a>, a VA is a contract between the investor and an insurance company.\u00a0 The investor pays the insurer a single payment or a series of payments called premiums.\u00a0 In exchange for those premiums, the insurer promises to make periodic payments to you either immediately or at some point in the future.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/federal-employee-benefit-counselors-targeted-federal-government-employee-retirement-plan-participants-variable-annuities-scheme\/\"  title=\"Continue Reading Federal Employee Benefit Counselors Targeted Federal Government Employee Retirement Plan Participants With Variable Annuities Scheme.\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Silver Law Group and The Law Firm of David Chase are reviewing potential claims of fraudulent inducement of federal employees into purchasing high fee paying variable annuity products by LPL Financial LLC (CRD#6413) affiliated brokers Brandon Long (CRD# 5975459) , Christopher S Laws (CRD#4479529) , Johnathan Dax Cooke (CRD#5365691) and Danny Scott Hood (CRD#3236852). Variable [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[578,582,583,619,603,585],"tags":[272,403,39,516,102,318],"class_list":["post-4966","post","type-post","status-publish","format-standard","hentry","category-all-releases","category-elder-fraud","category-sec-actions","category-sec-investor-bulletin","category-sec-investor-tips","category-variable-annuities","tag-allegations-of-securities-fraud","tag-alleged-elder-fraud","tag-lpl-financial","tag-sec","tag-variable-annuities-2","tag-variable-annuity-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Federal Employee Benefit Counselors Targeted Federal Government Employee Retirement Plan Participants With Variable Annuities Scheme. &#8212; Securities Arbitration Lawyers Blog &#8212; August 2, 2017<\/title>\n<meta name=\"description\" content=\"Silver Law Group and The Law Firm of David Chase are reviewing potential claims of fraudulent inducement of federal employees into purchasing high fee &#8212; August 2, 2017\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.silverlaw.com\/blog\/federal-employee-benefit-counselors-targeted-federal-government-employee-retirement-plan-participants-variable-annuities-scheme\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Federal Employee Benefit Counselors Targeted Federal Government Employee Retirement Plan Participants With Variable Annuities Scheme. &#8212; Securities Arbitration Lawyers Blog &#8212; August 2, 2017\" \/>\n<meta name=\"twitter:description\" content=\"Silver Law Group and The Law Firm of David Chase are reviewing potential claims of fraudulent inducement of federal employees into purchasing high fee &#8212; August 2, 2017\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Silver Law Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Federal Employee Benefit Counselors Targeted Federal Government Employee Retirement Plan Participants With Variable Annuities Scheme. &#8212; 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