Investor Alleges Mark Huber Gave Unsuitable Investment Recommendations

Mark Huber (CRD #: 5976354), a broker registered with Concorde Investment Services, allegedly recommended unsuitable investments, according to his BrokerCheck record, accessed on August 9, 2025. Investors may have also worked with him through Concorde Asset Management. If you have questions about his alleged conduct as a broker, keep reading.

Investor Disputes

On April 11, 2025, multiple investors alleged that Mark Huber made unsuitable investment recommendations from 2019-2025. They seek $500,000 in damages in this pending dispute.

In a dispute filed on November 24, 2020, an investor alleged that Mark Huber engaged in negligence, including negligent misrepresentations, and violated Illinois securities laws. The client further alleged that he violated FINRA Rules 2010, 2120, 2111, 2111.05a, and 3110. These allegations were made in relation to investments made in January 2018.

The client sought $150,000 in damages and received a settlement of $80,000.

FINRA Rule 2010

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

FINRA Rule 2111

FINRA Rule 2111 requires brokers to take into account investors’ financial goals when recommending investments. Brokers must examine the information contained in an investor’s profile, such as their tax status, risk tolerance, age, and investing experience.

FINRA Rule 2111.05a specifically requires brokers to have a reasonable basis to believe a recommendation is suitable for at least some investors and to exercise reasonable diligence in researching investments.

Investors who rely on their broker for recommendations may be able to recoup their losses through FINRA arbitration.

FINRA Rule 3110

FINRA Rule 3110 requires that firms establish systems of supervision to ensure their compliance with securities regulations. This includes appointing supervisors and providing them with Written Supervisory Procedures (WSPs).

What are Blue Sky Laws?

Blue sky laws are state securities regulations that provide investors with an extra layer of protection against investment fraud. They may also describe which types of investments must register with the state securities board.

Background Information

Mark Huber has passed the following exams:

• Securities Industry Essentials Examination – SIE
• General Securities Representative Examination – Series 7
• Uniform Investment Adviser Law Examination – Series 65
• Uniform Securities Agent State Law Examination – Series 63

Mark Huber is a registered broker in 18 states and a registered investment adviser in 19 states.

He has also worked for World Equity Group (CRD#:29087).

Kurta Law Can Help

If you worked with Mark Huber 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 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.