Marc Mast Involved in a Variable Annuity Dispute

Marc Mast (CRD #: 4049553), a broker registered with The Huntington Investment Company, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on September 19, 2024. Keep reading if you have questions regarding his alleged conduct.

Investor Allegations 

On August 5, 2024, an investor alleged that Marc Mast did not correctly explain the details of a variable annuities’ income rider. The investor alleged that the variable annuities were inappropriate based on the client’s investment profile. 

The investor sought $85,000 and the dispute was denied by the firm. Investors should know, however, that firms can deny disputes without any external review. Investors can still recover losses following a firm. 

Variable Annuities 

Variable annuities are complex investments. These policies can decline in value depending on the performance of the underlying securities. Surrender charges, tax penalties, and other fees can make these policies unsuitable.

Misrepresentation 

FINRA Rule 2020 prohibits the use of deceptive, manipulative, and otherwise fraudulent methods to influence the purchase and sale of securities. The misrepresentation or omission of material facts violates this rule.

Background Information 

Marc Mast has passed the following exams: 

• Series 65 Uniform Investment Adviser Law Examination 
• Series 66 Uniform Combined State Law Examination 
• SIE – Securities Industry Essentials Examination 
• Series 7 General Securities Representative Examination 

He is a registered broker in 14 states and is a registered investment adviser in Ohio and Texas. 

Kurta Law Can Help 

If you worked with Marc Mast and you have concerns about your investments, do not hesitate to contact us at 877-600-0098 or email info@kurtalawfirm.com for a free consultation. 

For nearly 20 years, Kurta Law has advocated for investors to recover their investment losses from brokers and brokerage firms. Kurta Law is a nationally recognized law firm that 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. Do not let securities fraud go unchecked. Start your recovery process today.