Multiple investor complaints against Capital Investment Group’s Larry Stringer (CRD# 1996822) allege misconduct relating to real estate investments. Records provided...Read More
$100K Complaint Against Jackson Advisor Michael Chandler
A pending investor complaint against Infinex Investments financial advisor Michael Chandler (CRD# 2696470) alleges his recommendations led to six-figure damages. Financial Industry Regulatory Authority records show that he is a broker and investment advisor based in Jackson, Mississippi.
Mr. Chandler’s BrokerCheck report discloses two investor complaints. The most recent, filed in November 2021, alleges that as a representative of Infinex Investments, he made a poor recommendation of an illiquid real estate investment trust without conducting reasonable due diligence, and that the investment was over-concentrated. The pending complaint alleges damages of $100,001.
A second investor complaint, filed in 2018, alleged that while at Infinex Investments, Mr. Chandler failed to disclose the risks associated with an investment in non-traded real estate investment trusts. In 2019 the complaint reached a settlement of $25,000.
According to the Financial Industry Regulatory Authority, Michael Chandler holds 26 years of securities industry experience. Based in Jackson, Mississippi, he has been a broker and investment advisor with Infinex Investments since 2013. His past registrations include Bancorpsouth Investment Services (Jackson, Mississippi; 2012-2013), Raymond James Financial Services (Brandon, Mississippi; 2007-2012), The Strategic Financial Alliance (Atlanta, Georgia; 2007), Multi-Financial Securities Corporation (Mendenhall, Mississippi; 2004-2007), IFG Network Securities (Atlanta, Georgia; 2001-2004), Triad Advisors (Norcross, Georgia; 2001), PFIC Securities Corporation (Franklin, Tennessee; 1998-2001), and Trustmark Financial Services (Jackson, Mississippi; 1996-1998). His credentials include the passage of five securities industry qualifying exams: the Investment Company Products/Variable Contracts Representative Examination, or Series 6; the Uniform Investment Adviser Law Examination, or Series 65; the General Securities Representative Examination, or Series 7; the Uniform Securities Agent State Law Examination, or Series 63; and the Securities Industry Essentials Examination, or SIE. He is licensed in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, South Dakota, Tennessee, and Texas. (Information current as of June 27, 2022.)
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