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Justin Limmer Fired from M. S. Howells & Company

Dec 16, 2022 Unsuitable Investments

Justin Limmer (CRD #: 3179262), a broker formerly registered with M. S. Howells & Company, was fired from the firm, according to his BrokerCheck record, accessed on December 15, 2022. If you have questions about his alleged conduct as a broker, read on.

Discharge from M. S. Howells & Company

On October 17, 2022, Justin Limmer was fired from M. S. Howells & Company for allegedly failing to follow firm policy concerning reporting a customer complaint.

FINRA Rule 2010

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

Investor Dispute

On February 19, 2022, an investor alleged that Justin Limmer invested his accounts in separately managed accounts (SMAs) with an underlying tactical bond fund. The bond value allegedly declined due to market volatility. The investor allegedly had limited investment knowledge, a low risk tolerance, and conservative investment objectives. This dispute was settled for $60,265.77.

FINRA Rule 2111

FINRA Rule 2111 requires brokers to tailor their investment recommendations to suit investors’ profiles. An investor’s profile describes their age, tax status, risk tolerance, and other characteristics.

Investors who rely on brokers for investment recommendations can pursue FINRA arbitration and potentially recover their losses.

Background Information

Justin Limmer has passed the following exams:

  • Series 66 – Uniform Combined State Law Examination
  • SIE – Securities Industry Essentials Examination
  • Series 7 – General Securities Representative Examination

He previously worked for the following firms:

  • M. S. Howells & Company (CRD#:104100)
  • CRI Securities (CRD#:22589)
  • Securian Financial Services (CRD#:15296)

Kurta Law Can Help

If you worked with Justin Limmer 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. 

 

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