National investment loss lawyers KlaymanToskes is investigating broker Michael Whitaker (CRD# 6316100) formerly of Newbridge Securities, after the law firm’s filing of a customer complaint with the Financial Industry Regulatory Authority (“FINRA”), alleging significant investor damages due to unsuitable recommendations to invest in GWG L Bond investments.
According to FINRA BrokerCheck, broker Michael Whitaker, formerly of Newbridge Securities, has been involved in several customer complaints alleging unsuitable investment recommendations. The complaints allegedly involve alternative investments, including GWG L Bonds.
Investors that suffered losses with broker Michael Whitaker are encouraged to contact attorney Lawrence L. Klayman, Esq., at 888-997-9956 or by email at investigations@klaymantoskes.com to discuss potential recovery options. We do not collect attorney’s fees unless we are able to obtain a financial recovery for you.
Former Newbridge Securities financial advisor Michael Whitaker has reportedly been involved in numerous investor complaints, according to FINRA BrokerCheck records. Several of the complaints filed reportedly related to alternative investments, including GWG L Bonds, and have been settled in favor of the investors. Whitaker was previously registered as a broker with Newbridge Securities from April 2014 to March 2025 in The Villages, FL.
As an investor, there are a few signs that you should look out for if you believe you may have a claim against your financial advisor. These signs could potentially indicate misconduct, negligence, or investment fraud. Investors are encouraged to contact our firm immediately if you have experienced any of the following:
Some investors have close relationships with their brokers due to the time and trust built over the course of their investment relationship. However, it is crucial to remember that financial decisions should be based on careful analysis and due diligence rather than solely relying on personal relationships.
Engaging the services of an experienced securities attorney to evaluate your specific circumstances is strongly advised. At KlaymanToskes, our team of experienced securities attorneys has a deep understanding of this complex area of law, allowing us to provide invaluable insight and tailored guidance that directly addresses your individual needs.
If you suffered losses with broker Michael Whitaker, or have concerns regarding your investment portfolio at Newbridge Securities, or with any other financial advisor or firm, contact KlaymanToskes at 888-997-9956 or fill out a short contact form for a free and confidential consultation.