Infinex Financial Group is an investment powerhouse based in Meridan, Connecticut. Part of this group, Infinex investments, formed in 1993.
In April 2014 FINRA fined Infinex $75,000 for selling unsuitable funds. FINRA is the Financial Industry Regulatory Authority. The evidence suggests that reps had not been trained on the risks associated with certain investments. The investments were not appropriate to recommend because of high risk factors. FINRA also ordered Infinex to pay restitution of $287,000, to affected investment clients. They sold high risk investments to clients who should have purchased conservative, low risk investments.
Moving forward, in October 2015, FINRA fined Infinex Investments $150,000 by. Infinex was ordered to pay restitution of $110,000. Tthat customers earned.
These are the most recent incidents reported relating to Infinex. Similar fines and sanctions are on record as early as 1996, three years after they launched.
Today, you can find their website, and several social media sites inviting you to invest.