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I'm Jeff Sonn, an attorney concentrating on securities fraud and consumer class actions. I use this blog to bring attention to regulatory filings involving financial advisors, current events in securities and cases in the financial services industry, and to help investors understand their rights and options for financial recovery. Questions? Contact me online or call anytime at 844-689-5754

Michael Glenn Chandler, Broker with LPL Financial, Facing Customer Dispute Alleging Recommendation of Unsuitable Investments and Overconcentration

INVESTORS: LPL Financial broker Michael Glenn Chandler was named in customer dispute alleging recommendation of unsuitable investments and overconcentration.

Michael Glenn Chandler (CRD: 5532695) is registered as a broker and financial adviser with LPL Financial, where he’s been employed since 2022. Previously, Chandler was registered as a broker with Infinex Investments from 2013 until 2022.

Chandler has two disclosures on his BrokerCheck report. 

January 2022 Customer Dispute

Status: Pending

Allegations: Poor recommendation and over-concentration of an illiquid investment without conducting reasonable due diligence.

Damage Amount Requested: $100,001.00

May 2018 Customer Dispute

Status: Settled

Allegations: Client alleges Michael Chandler failed to disclose risks associated with non-traded REITs.

Settlement Amount: $25,000.00

The Sonn Law Group is currently investigating allegations surrounding Michael Glenn Chandler. We represent investors in claims against negligent brokers and brokerage firms. If you or your loved one experienced investment losses, we are here to help. For a free consultation, please call us now at 866-827-3202 or complete our contact form.

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