ROBERT BRENT HURLEY

ROBERT BRENT HURLEY is currently employed as a Broker and/or Investment Adviser at AXA ADVISORS, LLC located at 2508 KANAWHA BLVD., EAST, CHARLESTON, WV, 25311.

ROBERT BRENT HURLEY has worked at AXA ADVISORS, LLC since October 20, 1980

Disclosure History

ROBERT BRENT HURLEY has 4 Disclosure Event(s).

Date: July 21, 2010
Category: Customer Dispute
Allegations: CLIENTS ALLEGE THEY PURCHASED SEVERAL VARIABLE ANNUITY COTNRACTS BASED ON THE AGENT'S REPRESENTATION THAT THEY WOULD RECEIVE A MONTHLY INCOME FOR LIFE EQUAL TO 6% OF THE TOTAL AMOUNT ORIGINALLY INVESTED. CLIENTS ARE REQUESTING THE FIRM TO INVESTIGATE THIS MATTER. DAMAGES UNSPECIFIED.
Settlement Amount: $7,190.00
Broker Comment: THE PARTIES AGREED TO SETTLE THIS MATTER. AXA-EQUITABLE AGREED TO CHANGE THE GUARANTEED MINIMUM DEATH BENEFIT OPTION FROM THE ANNUAL RATCHET TO THE GREATER OF THE 6 1/2% ROLLUP ON THE POLICIES. LOSS TO FIRM: $7,190. RR ROBERT HURLEY'S ERRORS & OMISSIONS CARRIER CONTRIBUTED THE FULL AMOUNT OF THE LOSS ON HIS BEHALF.

Date: January 16, 2009
Category: Customer Dispute
Allegations: CLIENTS ALLEGE THAT SEVERAL PURCHASES OF MUTUAL FUND B SHARES WERE MADE IN THEIR SECURITY ACCOUNTS WITHOUT THEIR APPROVAL AND THEY WERE NOT EDUCATED REGARDING THE FEES OR BREAKPOINTS THAT WERE ASSOCIATED WITH THIS TYPE OF INVESTMENT. CLIENTS ARE REQUESTING THE FIRM TO INVESTIGATE THE MATTER. DAMAGES ARE UNSPECIFIED.
Broker Comment: THE FIRM FOUND NO BASIS TO THE CUSTOMER'S COMPLAINT.

Date: May 24, 2006
Category: Customer Dispute
Allegations: PLAINTIFFS ALLEGE FRAUD, DECEPTION, CONCEALMENT, SUPPRESSION AND OMISSION OF MATERIAL FACTS IN THE SALE OF VARIABLE LIFE INSURANCE POLICIES IN WEST VIRGINIA. DAMAGES ARE USPECIFIED.
Settlement Amount: $7,165,000.00
Broker Comment: THIS MATTER WAS RESOLVED AS PART OF THE SETTLEMENT OF A NUMBER OF LAWSUITS, CLAIMS AND THREATENED CLAIMS BY POLICYHOLDERS AGAINST THE EMPLOYING FIRM AND/OR ITS AFFILIATES AND CERTAIN OF ITS CURRENT AND FORMER REPRESENTATIVES. NO SPECIFIC PORTION OF THE TOTAL SETTLEMNT WAS ALLOCATED BY THE PAYING DEFENDANTS TO RESOLVE SPECIFIC ALLEGED CLAIMS IN WHICH THE REGISTERED REPRESENTATIVE IS A NAMED PARTY. THE EMPLOYING FIRM BELIEVES THAT THE TOTAL SETTLEMENT AMOUNT EXCEEDS $10,000. THE EMPLOYING FIRM AND ITS REGISTERED REPRESENTATIVES EXPRESSLY DENY ANY WRONGDOING OR LIABILITY IN CONNECTION WITH THESE CLAIMS.

Date: May 05, 2005
Category: Customer Dispute
Allegations: PLAINTIFF ALLEGES FRAUD, DECEPTION, CONCEALMENT, SUPPRESSION AND OMISSION OF MATERIAL FACTS IN THE SALE OF VARIABLE LIFE INSURANCE POLICIES IN WEST VIRGINIA. DAMAGES ARE USPECIFIED.
Settlement Amount: $90,000.00

More Information

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BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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