There are options for customers of Infinex Investments, Inc. broker Michael Chandler (CRD# 2696470) regarding real estate investment trusts (REITs). He has been registered with Infinex Investments, Inc. in Jackson, Mississippi since 2013.
Michael Chandler Customer Complaints
He has been the subject of two customer complaints between 2018 and 2022, according to his CRD report:
January 2022. “Poor recommendation and over-concentration of an illiquid investment without conducting reasonable due diligence.” The customer is seeking $100,001 in damages and the case is currently pending. The complaint was regarding REITs.
May 2018. “Client alleges Michael Chandler failed to disclose risks associated with non-traded REITs.” The case was settled for $25,000. The complaint was regarding real estate securities.
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, Infinex Investments, Inc. may be liable for investment or other losses suffered by Michael Chandler’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.