Quote:
Originally Posted by Plinker
Here are two more law firms specifically listing Mr. Whitaker as a
salesman of these Ponzi bonds. It’s hard to come to the conclusion that he was working in his clients’ best interest. Although unlikely, it would be just punishment if a court would order a clawback of all commissions paid and made available for restitution to injured parties. A quick check of his disclosure page on FINRA eliminates him as a trusted advisor. There may be many more disclosures on the horizon.
Were You the Victim of Newbridge Securities Corporation Broker Michael Whitaker? | Erez Law
Bonds Category Archives — Page 2 of 2 — Securities Arbitration Lawyers Blog Published by Securities Arbitration Lawyers — Silver Law Group
|
Yes, Michael L Whitaker pushed the sale of GWG as part of our portfolio with his company. He had many dinners and golf outings sponsored by GWG. If GWG were drugs I would call him a drug pusher. There were other events, that involved investments by my son, that did not look like he was acting as a fiduciary and only in it for the commissions. High risk = High Commissions, Often trades = More Commissions and as the wheel turns it goes faster and faster until it is out of control. The worst part and most telling, in my mind was he did not get us out when he knew they had missed mandatory reporting dates.