Mark William Just, of Indianapolis, Indiana, a stockbroker registered with Triad Advisors LLC, is the subject of a customer initiated investment related Financial Industry Regulatory Authority (FINRA) securities arbitration claim in which the customer requested $250,000.00 in damages based upon allegations that Just made the unsuitable investment recommendation of real estate investment trusts or REITs and variable annuities and failed to provide adequate disclosures to customers regarding the investments when Just was associated with Triad Advisors LLC. FINRA Arbitration No. 23-03336 (November 22, 2023).
Just is referenced in seventeen (17) other customer initiated investment related disputes concerning Just’s conduct while associated with securities broker dealers. FINRA Public Disclosure additionally reveals that on April 29, 2023, a customer initiated investment related FINRA securities arbitration claim involving Just’s conduct was settled for $16,500.00 in damages based upon allegations that Just made unsuitable recommendations in business development companies and direct investments. FINRA Arbitration No. 21-02419.
Just was also referenced in a customer initiated investment related complaint that was settled on October 11, 2022, for $15,000.00 in damages based upon allegations that Just made unsuitable recommendations in variable annuities. The complaint also alleged that surrender fees on withdrawals were not disclosed to the customer.
On March 29, 2023, a customer filed a securities arbitration claim involving William’s conduct in which the customer requested damages between $100,000.00 and $150,000.00 based upon allegations that William made misrepresentations and unsuitable recommendations in direct investments and real estate securities. FINRA Arbitration No. 23-00593.
On August 17, 2023, a different customer brought a securities arbitration claim involving William’s conduct in which the customer requested $242,842.00 in damages based upon allegations that William overconcentrated the customer’s account in illiquid investments, mismanaged the customer’s account, and provided unsuitable advice in real estate securities. FINRA Arbitration No. 23-01828.
On August 22, 2023, a customer filed a FINRA securities arbitration claim involving Just’s conduct in which the customer requested $300,000.00 in damages based upon allegations that Just placed the customer in illiquid and risky alternative investments during the time that Just was associated with Triad Advisors LLC. FINRA Arbitration No. 23-02296.
Just is also referenced in a securities arbitration claim in which the customer requested damages of between $50,000.00 and $100,000.00 based upon allegations that Just made an unsuitable recommendations in alternative investments, given the customer’s objectives and needs. The claim also alleged that the direct investments were not adequately explained to the customer. FINRA Arbitration No. 23-02617 (September 27, 2023).
On November 20, 2023, an additional customer filed an arbitration claim involving Just’s conduct in which the customer requested $130,000.00 in damages based upon allegations that Just sold an unsuitable alternative investment to the customer. FINRA Arbitration No. 23-03342.
On November 22, 2023, a customer initiated investment related FINRA securities arbitration claim involving William’s conduct was settled to resolve allegations that William engaged in unsuitable advice and misrepresentations in connection with the sale of BDCs at Triad Advisors LLC. FINRA Arbitration No. 23-01732.
Just was associated with Triad Advisors LLC in Indianapolis, Indiana from January 26, 2004, to June 18, 2021.
