Category Archives: Infinex Investments

Kenneth D. Wright-Former LPL Financial Broker-Discloses $500K Claim Over Behringer Harvard Investment

July 2016- Kingsport, TN

The FINRA records of Kenneth D. Wright  , a stock broker currently employed by Infinex Investments, Inc. , disclose  a prior final customer dispute and a pending customer dispute.

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.

In the pending FINRA Case, #16-01483, a customer while Wright was employed by Uvest Financial Services and LPL Financial alleges damages of $500,000 due to an unsuitable recommendation to cash out a pension plan and invest solely in Behringer Harvard real estate investment trust (REIT).

Wright  has been employed by Infinex Investments  since 3/2016. He was employed by LPL Financial  from 19/2011-9/2015 and with Uvest Financial Services from 2/2001-2/2011.

If you have losses in an account handled by Kenneth D. Wright , you may be able to collect damages from his former employer.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

Nationwide Representation

Rex Securities Law

TollFree: 877-224-3199

Florida-561 391 1900 


Infinex Investments Fined Over ETF Sales

By Robert H. Rex, Esq.

In June 2014 Infinex Investments was fined $75,000 by the Financial Industry Regulatory Authority (FINRA) and order to pay restitution to customer of over $287,000 in connection with sale of exchange traded funds (ETFs).

FINRA alleged that Infinex was allowing brokers to sell ETFs without adequately understanding the produce and selling to persons who were not suited to take the risk associated with this type of investment.

In April 2014, Infinex Investments broker John E. Tucker was fined $10,000 and suspended for two months to resolve FINRA allegations that he sold ETFs without conducting adequate due diligence and to persons for whom such investments were unsuitable. 

If you have losses on exchange traded funds and believe the nature of these investments was misrepresented to you, call to discuss your legal rights with an experienced securities attorney. 

Nationwide representation

561 391 1900