Formerly registered broker Mark Just has been the subject of multiple customer disputes alleging serious misconduct. Most of the claims appear to have arisen while he was employed with Triad Advisors, LLC. In addition to these complaints, Just received a suspension from the Financial Industry Regulatory Authority (FINRA) for failing to disclose state tax liens. Just remains registered as an investment adviser with The Just Company out of Indianapolis, IN.
At Meyer Wilson, our legal team is nationally-recognized for our work in investment fraud and broker misconduct. We have recovered millions of dollars in losses on behalf of harmed investors and will work to get you the results you deserve. If you sustained losses after investing with Mark Just or another broker accused of investment misconduct, contact our office at (614) 532-4576 for a free consultation.
According to publicly available information through Mark Just’s BrokerCheck report, there are four customer disputes that are currently pending. The earliest dates back to June 2018, when a customer alleged that unsuitable investment recommendations by Just resulted in portfolio underperformance and lost gains. The client has requested over $997k in damages.
A dispute filed in 2020 alleges that Just made unsuitable recommendations, this time in alternative investments resulting in losses. The client has requested damages in the amount of $150k. Last year a dispute alleging similar wrongdoing was filed requesting compensation of $99k.
The most recent allegations include sales of unsuitable variable annuities and that Just failed to disclose surrender fees on withdrawals. The client has also accused Just of breaching his fiduciary duties, double-dipping of fees, lack of diversification, and other regulatory violations. Damages in the amount of $90k have been requested.
In addition to the pending disputes listed above, several other claims have been settled. In January 2020, a dispute alleging unsuitable recommendations in an alternative investment was settled for $40k. Three other customer complaints filed against the broker alleging unsuitability were settled for varying amounts over the next year.
Mark Just was also the subject of a FINRA suspension after failing to timely amend his Form U4 to disclose state tax liens. The suspension was for three months, from June 21 - September 20, 2021. He received a $5,000 civil and administrative fine. To date, Just is not listed as a currently registered broker.
If you suffered losses after investing with Mark Just, you might be able to recover losses through a lawsuit or FINRA arbitration. Contact our office at (614) 532-4576 to schedule a free consultation. Discover your legal options today. Call now to speak directly with an experienced attorney.