DID MICHAEL LEONARD WHITAKER CAUSE YOU INVESTMENT LOSSES?
Michael Whitaker Of Newbridge Securities Corporation Has 10 Customer Complaints For Alleged Broker Misconduct
About Michael Whitaker of Newbridge Securities Corporation?
Michael Whitaker (CRD #1739854) has been registered with Newbridge Securities Corporation as a registered broker and Newbridge Financial Services Group, Inc. as an investment advisor in The Villages, Florida, since December 2009 and March 2010, respectively. He is registered in 35 U.S. states and territories and affiliated with two Self-Regulatory Organizations (SROs). Whitaker has passed three general industry/product exams and one multi-state securities law exam. His career includes previous registrations with Great American Advisors, Inc., UVEST Financial Services Group, Inc., and other firms, showcasing a diversified career in financial services.
Investment Losses? Let’s talk.or, give us a ring at (800) 732-2889.
Michael Whitaker Customer Complaints and Reviews
- Customer Disputes (10 total):
- Four disputes are settled with allegations including breach of fiduciary duty, negligence, and violation of Regulation Best Interest, involving products like alternatives and GWG securities. Settlement amounts range up to $42,500.
- Six disputes are currently pending with similar allegations regarding breach of contract, breach of fiduciary duty, and negligence related to alternative investments. Alleged damages in these pending cases go up to $400,000.
Allegations Against Michael Whitaker
- Breach of Fiduciary Duty: Frequently alleged in both settled and pending disputes, suggesting issues with the broker’s duty to act in the best interests of his clients.
- Negligence and Negligent Supervision: Alleged in multiple cases, indicating possible failure to exercise the required care expected in managing client investments.
- Breach of Contract: Included in several allegations indicating possible failures to adhere to the agreed terms with clients.
- Misrepresentation: Involving potential misstatements or omissions concerning the nature or risks of investment products.
Michael Whitaker Red Flags & Your Rights As An Investor
Of course, Michael Whitaker did not admit to any of the allegations. But regardless of whether an arbitration award was entered, a settlement occurred, or the customer complaint is still pending, the allegations made by customers are red flags which should put all current and former customers of Michael Whitaker at Newbridge Securities Corporation on alert to review carefully the activity and performance of their accounts and question whether Michael Whitaker has engaged in any stockbroker misconduct that may have caused them investment losses. The large number of customer complaints at Newbridge Securities Corporation also raises questions about the brokerage firms’ supervisory practices. If these red flags raise questions, call us and we will inform you of your rights as an investor.
Did You Lose Money Because of Broker Misconduct?
If you have lost money due to negligence or fraud by a stockbroker or advisor, the easiest way to know if you have a case is to call our office at 800-732-2889. Our investment fraud attorneys will evaluate your claim for free and let you know if we can help you recover your losses.
Need Legal Help? Let’s talk.or, give us a ring at 561-338-0037.
File A Claim To Recover Your Investment Losses At Newbridge Securities Corporation Due To Michael Whitaker
If you have questions about Newbridge Securities Corporation and/or Michael Whitaker and the management or performance of your accounts, please contact Attorney Pearce for a free initial consultation via email or Toll Free at 1-800-732-2889.
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