Justin Gerow Suspended by FINRA Following Alleged Misconduct

Justin Gerow (CRD #: 4435995), a broker formerly registered with LPL Financial, has been suspended by FINRA, according to his BrokerCheck record, accessed on January 14, 2025. If you have questions about his alleged conduct as a broker, keep reading.

FINRA Suspension

On September 10, 2024, Justin Gerow consented to the entry of findings that he allegedly forged the names of 12 clients in February and March 2023.

According to a Letter of Acceptance, Waiver & Consent (AWC), Justin Gerow allegedly signed these clients’ names without their permission on 15 representative of record change request forms. These were allegedly part of the process of transitioning the clients from his previous firm to LPL Financial.

Almost all of these forms allegedly concerned securities products, including a mutual fund and a variable annuity, which meant they were required to be preserved by LPL Financial.

One client allegedly also complained that she did not consent to switching her broker-dealer to LPL Financial.

The AWC concluded that Justin Gerow’s alleged forgery and causing his firm to maintain inaccurate books and records constituted violations of FINRA Rules 2010 and 4511.

FINRA Rule 2010

FINRA Rule 2010 holds brokers to high standards of commercial honor and just and equitable principles of trade.

FINRA Rule 4511

FINRA Rule 4511 requires firms to maintain accurate books and records.

Sanctions

Justin Gerow consented to the following sanctions:

• Three-month suspension from associating with FINRA members
• $5,000 fine

His suspension ran from September 16 to December 15, 2024. You can access the full AWC here.

Termination from LPL Financial

On May 8, 2023, Justin Gerow was fired from LPL Financial after allegedly submitting broker of record change forms bearing non-genuine signatures to a mutual fund company.

Background Information

Justin Gerow has passed the following exams:

• Series 65 – Uniform Investment Adviser Law Examination
• Series 63 – Uniform Securities Agent State Law Examination
• SIE – Securities Industry Essentials Examination
• Series 6 – Investment Company Products/Variable Contracts Representative Examination
• Series 26 – Investment Company Products/Variable Contracts Principal Examination

He previously worked for LPL Financial (CRD#:6413) and PFS Investments (CRD#:10111).

Kurta Law Can Help

If you worked with Justin Gerow and you have concerns about your investments, please contact us today at 877-600-0098 or info@kurtalawfirm.com for a free consultation.

For over 20 years, Kurta Law has advocated on behalf of investors who want to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm and exclusively represents investors against brokers and brokerage firms on a contingency basis. This means that the firm only earns a fee if our securities attorneys recover money on your behalf.