[SallyB]

Allegations
BREACH OF CONTRACT, BREACH OF FIDUCIARY DUTY, NEGLIGENT SUPERVISION.
Damage Amount Requested
$400,000.00

Michael Whitakers newest FINRA disclosure against him, he now has 7. What I can see is that all the clients have won their cases with a settlement.
I have been researching a lot of cases it seems all the cases have come down in favor of the client. Some have received full reimbursement, but most have settled for less (I guess something is better than nothing)

Latest news on payment from GWG is not looking good at all. Bond holders will be lucky to get a dime from them. But in the meantime, Brad Heppner CEO of GWG is suing the WSJ over the articles written about GWG Ponzi scheme and the failure of Beneficient (remember they are the company that was going to help bail out GWG). BENF stock is now at $0.052 who are they going to bail out? Also, in the meantime Brad Heppner has started yet another company. When will this man go to jail it is beyond shameful.

Question: I found a lawsuit against the Brokerage firm Newbridge for $1M (Michaels firm) over the GWG L Bonds. From what I found no one could purchase GWG L Bonds without the direct approval from Newbridge so if they are the overseers of the brokers can you sue both your broker and their dealer?

When can GWG L Bond holders start taking a loss?