Variable Annuity Claims Dismissed

We successfully represented Banc of America Investment Services and one of its registered representatives in a FINRA arbitration against a claimant who alleged that his retirement savings had been improperly invested in a variable annuity. Following a week long hearing, the Panel dismissed all of claimant’s claims. Duane C. Murff v. Banc of America Investment Services, Inc., et al. (FINRA Case No. 05-04294)

Banc of America Investment Services, Inc., was formerly a wholly owned subsidiary of Bank of America.