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Mark Josephs Allegedly Misrepresented a Limited Partnership

Mark Josephs (CRD #: 5699134), a broker registered with LPL Financial, is the subject of an investor dispute. This disclosure appears on his BrokerCheck record, accessed on November 20, 2023. Keep reading if you have questions regarding his alleged conduct. 

On October 9, 2023, an investor alleged that Mark Josephs misrepresented the provisions of a limited partnership purchase. The dispute was denied by the firm, but investors should know that firms can deny disputes without any external review. Following a denial, investors may still be able to recover their funds via FINRA arbitration.

FINRA Rule 2020 – Misrepresentation

FINRA Rule 2020 prohibits the misrepresentation of investments and omission of material facts. Material facts include information about an investment’s potential returns, as well as charges, expenses, and fees. 

FINRA Rule 2010

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

Background Information 

Mark Josephs has passed the following exams: 

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

He is a registered broker in nine states and is a registered investment adviser in Minnesota. 

During his 14 years in the securities industry, she has registered with three firms: 

  • LPL Financial (CRD #: 6413) 
  • Ameriprise Financial Services (CRD #: 6363) 
  • Edward Jones (CRD #: 250) 

Kurta Law Can Help

If you worked with Mark Josephs and 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 for 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.

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