Last Updated: October 2023 (Prairie Village, KS)
Lamont Chandler Investigation Summary
Here’s what you need to know about Prairie Village, KS, stockbroker Lamont Chandler:
- Name: Mr. Lamont Adrian Chandler
- Current Employer: Madison Avenue Securities, dba Chandler Financial Group
- Previous Firms: Financial Network Investment Corp.
- Function: Stock Broker/ Financial Advisor
- Aliases: Lamont A. Chandler
- Primary Location: Prairie Village, KS
- CRD 2794744
- Can Lamont A. Chandler be sued in FINRA arbitration: Yes
- Sanctioned by FINRA: No
- Highest Settlement : $35,000
Discuss your case with experienced investment fraud lawyer Bob Rex at (877) 224-3199 for a free consultation.
Did You Lose Money With Lamont Chandler As Your Stockbroker?
Two customers of Madison Avenue Securities have filed and settled cases alleging that Lamont A. Chandler made unsuitable recommendations to invest in alternative investments (REITs).
Alternative Investments: These are assets that are not stocks, bonds or cash. Alternative investments generally fall within five categories: hedge funds, private capital, natural resources (oil and gas, energy), real estate (REITs) and infrastructure. They are typically less liquid that conventional investments, less regulated with higher fees and generally higher risk. For more investigations involving Alternative Investments, see this.
Allegations of Broker Misconduct Against Lamont Chandler
Customers of Lamont A. Chandler have alleged the following wrongdoing in connection with the handling of customer accounts:
- Unsuitable Investment Recommendation to purchase alternative investments
- Failure to conduct adequate due diligence
- Misrepresentations and omissions
- Overconcentration
- Violation of Missouri Uniform Securities Act as it pertains to sale of annuities and alternative investments
The Financial Industry Regulatory Authority (FINRA) is the agency that licenses and regulates stockbrokers and brokerage firms. FINRA requires brokers and brokerage firms to report customer complaints and disputes as well as regulatory sanctions. In addition brokers are required to disclose certain financial matters such as personal bankruptcies, judgments and liens.
Recover Your Investment Losses Now With Rex Securities Law
If you have suffered investment losses in an account handled by Lamont A. Chandler, contact us for a complimentary consultation with an experience 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.
