Last Updated: September 2025 — San Mateo, CA
Here’s what you need to know about San Mateo, CA stockbroker Thomas G. Justice:
- Name: Thomas G. (Gary) Justice — CRD #2786145.
- Current Employer: Emerson Equity LLC (CRD #130032), 155 Bovet Road, Suite 725, San Mateo, CA 94402; registered since 11/19/2020; FINRA General Securities Representative. Licensed in WA (since 11/19/2020) and UT (since 11/23/2020).
- Prior Firms: Conover Securities Corporation (broker and investment adviser), Conover Capital Management (investment adviser), Pacific West Securities, Inc., Pacific West Financial Consultant Inc., Private Consulting Group, Inc., NFP Securities, Inc., Manequity, Inc., Mutual Service Corporation, among others (1996–2020).
- Other Business Affiliations: Sunriver Golf Club (St. George, UT) — public golf course; customer relations/first-tee starter ~20 hours/month during trading hours; began 07/2021.
- CRD number: 2786145.
- Stockbroker / Financial Advisor: Yes — passed SIE, Series 6, 7, 24; Series 63/65/66 state exams.
- Can Broker be Sued in FINRA: Yes — at least one pending FINRA arbitration and one prior settled case are disclosed.
- Highest Award of Settlement: $80,000 (FINRA Arbitration No. 18-02513; settled 11/19/2019; individual contribution $0).
- Current Customer Dispute Seeks Total Damages of: At least $1,000,000 (FINRA Arbitration No. 25-01701; filed 08/15/2025; claimants request general/compensatory damages “not less than $1,000,000,” plus other relief).
If you’ve sustained damages from Mr. Justice, discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Thomas G. Justice As Your Stockbroker?
- Pending FINRA arbitration (Case No. 25-01701): Filed August 15, 2025 against Emerson Equity LLC. Allegations include suitability and breach of fiduciary duty regarding real estate securities. Claimants seek general and compensatory damages not less than $1,000,000, plus rescission, punitive damages, costs, fees, and interest.
- Prior customer dispute — settled (Case No. 18-02513): Notice served July 11, 2018. Customers alleged unsuitable, over-concentrated, and misrepresented recommendations in non-traded REITs and other alternative investments (purchases spanning 2002–2014; activity at a prior firm and current firm). Settled on 11/19/2019 for $80,000 (no individual contribution). Employing firm when activity occurred: Conover Securities Corporation.
Allegations of Broker Misconduct Against Thomas G. Justice
- Unsuitability — Customer disputes allege recommendations inconsistent with objectives and risk tolerance. Relevant standards include FINRA Rule 2111 (Suitability) and, for retail customers, SEC Regulation Best Interest (Exchange Act Rule 15l-1).
- Breach of Fiduciary Duty / Best-Interest Obligations — Alleged failure to act in the customer’s best interest in recommending complex/illiquid products (e.g., real estate securities, non-traded REITs). Reg BI’s Care and Disclosure obligations apply to broker recommendations to retail customers.
- Fraud / Misrepresentation or Omission of Material Facts — When alleged, such conduct can implicate FINRA Rule 2020 (Use of Manipulative, Deceptive or Other Fraudulent Devices) and FINRA Rule 2010 (Standards of Commercial Honor and Principles of Trade).
- Unauthorized Trading — If present, this conduct is generally evaluated under FINRA Rule 3260 (Discretionary Accounts) and FINRA Rule 2010.
Recover Your Investment Losses Now With Rex Securities Law
Our Investigations of Emerson Equity Brokers
If you have suffered investment losses in an account handled by Thomas G. Justice, contact us for a complimentary consultation with an experienced securities lawyer to learn how you may be able to recover damages through FINRA arbitration.
With offices in Boca Raton, FL, and Austin, TX, stockbroker fraud attorney Bob Rex provides representation to investors nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers, financial advisors, and broker-dealers.
If you have questions about how your account has been handled, call (877) 224-3199 to speak with an experienced securities attorney at no cost to you.
Most cases are handled on a contingent fee basis, meaning that you do not pay legal fees unless we are successful.