Emerson Equity LLC Broker Thomas Justice Accused of Unsuitable Investment Recommendations

Emerson Equity LLC

Did you lose money investing with Emerson Equity LLC broker Thomas Justice (CRD# 2786145) regarding unsuitable investment recommendations? He has been registered with Emerson Equity LLC in San Mateo, California, since 2020. He was registered with Conover Capital Management in Bellevue, Washington, from 2018 to 2020, Conover Securities Corporation in Bellevue, Washington, from 2009 to 2020, and Conover Capital Management in Bellevue, Washington, from 2015 to 2017.

Thomas Justice Customer Complaints

He has been the subject of two customer complaints between 2018 and 2025, according to his CRD report:

August 2025. “Suitability and breach of fiduciary duty.” The case is currently pending. The complaint was regarding real estate securities, and it took place while he was registered with Emerson Equity LLC.

July 2018. “This case involves Claimants’ purchase of non-traded REITs and other alternative investments. Claimants purchased their first REIT in 2002 between and 2014. Claimants state that the investments were unsuitable and over concentrated and misrepresented the nature of the investments. The claim involves investments made at prior firm and current firm. The respondents deny all claims and intend to vigorously contest them.” The customer sought $300,000 in damages, and the case was settled for $80,000. The complaint was regarding direct investment losses, and it took place while he was registered with Conover Securities Corporation

Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Emerson Equity LLC may be liable for investment or other losses suffered by Thomas Justice’s customers.

Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.

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Author: Jeffrey Erez

The founder of Erez Law, Jeffrey Erez, focuses exclusively on securities arbitration and litigation. Mr. Erez passionately believes in representing aggrieved investors and obtaining justice for his clients through litigation.