There are options for customers of Newbridge Securities Corporation broker Michael Whitaker (CRD# 1739854) who suffered investment losses. Whitaker has been registered with Newbridge Securities Corporation in The Villages, Florida since 2009.
Whitaker has been the subject of two customer complaints between 2020 and 2021, according to his CRD report:
- March 2021. “Claimant alleges: breach of fiduciary duty, breach of contract and negligence.” The case is currently pending. The complaint was regarding alternative investments and real estate investment trusts (REITs).
- June 2020. “Claimants allege breach of contract, misrepresentation, negligence and breach of fiduciary duty.” The customer sought $90,000 in damages and the case was settled for $14,999. The complaint was regarding common and preferred stocks, REITS, and alternative investments.
Pursuant to FINRA Rules, member firms are responsible for supervising a broker’s activities during the time the broker is registered with the firm. Therefore, Newbridge Securities Corporation may be liable for investment or other losses suffered by Whitaker’s customers.
Erez Law represents investors in the United States for claims against brokers and brokerage firms for wrongdoing. If you have experienced investment losses, please call us at 888-840-1571 or complete our contact form for a free consultation. Erez Law is a nationally recognized law firm representing individuals, trusts, corporations and institutions in claims against brokerage firms, banks and insurance companies on a contingency fee basis.