August 28, 2025

Michael Whitaker Connected To Newbridge Securities Corp Investors’ Negligence Claims

woman smiling at paper sitting in front of a computer monitor

Investors reportedly complained about securities broker Michael Joseph Whitaker [CRD: 6316100, The Villages, Florida], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Evidently, Whitaker worked for Newbridge Securities Corporation from April 10, 2014, to March 24, 2025. Keep reading to learn more about the disclosures involving Whitaker and the allegations connected to his time in the securities industry.

Newbridge Securities Corporation Investor Accused Whitaker Of Breach Of Fiduciary Duty

Evidently, on April 23, 2025, a Newbridge Securities Corporation client filed FINRA Arbitration No. 25-00823 about Michael Whitaker. Evidently, the client claimed that Whitaker breached his fiduciary duty, failed to supervise, was negligent, and breached a contract concerning alternative investments, including GWG L bonds. Consequently, the client requested $50,000.01 in compensation from Newbridge Securities Corporation or Whitaker. Supposedly, this claim awaits a resolution.

Michael Whitaker Disclosed Unsuitable Advice Allegations By Newbridge Securities Corporation Client

Also, a client of Newbridge Securities Corporation took aim at Michael Whitaker’s conduct by bringing FINRA Arbitration No. 24-01318. Allegedly, Whitaker breached his fiduciary duty, was negligent, and made unsuitable advice about GWG investments. For this reason, Newbridge Securities Corporation opted to settle the dispute on April 25, 2025, by compensating the client in the amount of $32,500.00.

Whitaker Disclosed Misrepresentation, Breach Of Contract Allegations By Newbridge Securities Corporation Client

Also, a client of Newbridge Securities Corporation disputed Michael Whitaker’s sales practices by filing FINRA Arbitration No. 22-01644. Allegedly, Whitaker made misrepresentations, breached his fiduciary duty, violated securities laws, breached a contract, failed to supervise certain representatives, and was negligent. It appears that Whitaker caused the client to sustain damages connected to alternative investments. As a result, Newbridge Securities Corporation agreed to settle the matter on September 13, 2023, by paying compensation amounting to $45,000.

Michael Whitaker Disclosed Negligent Supervision, Breach Of Fiduciary Duty Allegations By Newbridge Securities Corporation Client

Particularly, a client of Newbridge Securities Corporation contested Michael Whitaker’s sales practices by bringing FINRA Arbitration No. 22-00946. Allegedly, Whitaker negligently supervised certain representatives and breached his fiduciary duty. Therefore, Newbridge Securities Corporation opted to settle the dispute on May 14, 2023, by paying compensation totaling $30,000.

Seeking More Information About Securities Broker Michael Whitaker?

Do you have concerns or questions regarding investments you made with Michael Whitaker? If so, contact Soreide Law Group at (888) 760-6552 or online and consult with a securities lawyer regarding a possible recovery. For more than a decade, Soreide Law Group has recovered losses for investors throughout the United States. Also, the firm works on a contingency fee basis and advances all costs. Whitaker and brokerage firms Whitaker worked for deny allegations of sales practice violations.

S H A R E   T H I S   P O S T

Recent Posts

May 25, 2026
Lester Hochler Of Cape Securities Fined By FINRA For Failure To Supervise GWG L Bond Sales

FINRA sanctioned securities broker Lester Joel Hochler [CRD: 3209012, McDonough, Georgia], according to publicly available information found on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Hochler worked for Cape Securities Inc. from March 17, 2016, to April 14, 2026, and joined American Global Wealth Management Inc. on December 5, 2019. He was also associated with G.F. […]

May 25, 2026
Roger Roemmich Of Alexander Capital LP Barred By FINRA After Investigation Into Client Complaint

Investors might have sustained losses due to securities broker Roger Allan Roemmich [CRD: 1293322, Red Bank, New Jersey], given the public information on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Roger Roemmich worked for Alexander Capital LP from October 2, 2020, to May 30, 2025, as a general securities representative. See below to learn more about […]

May 25, 2026
Avinesh Shankar Of Pruco Securities Barred By FINRA For Forgery

Investors potentially incurred losses because of securities broker Avinesh Kumar Shankar [CRD: 6232970, Roseville, California], based on disclosures on Financial Industry Regulatory Authority (FINRA) BrokerCheck. Avinesh Shankar worked for Pruco Securities LLC from October 9, 2019, to March 13, 2024. Investors are encouraged to continue reading to find out more about the disclosures involving Shankar […]

Contact us Nationwide USA
2401 E. Atlantic Blvd., Suite 305, Pompano Beach, FL 33062
Helping clients recover money across the USA
search
Copyright © 2025 Soreide Law Group, PLLC  |  All Rights Reserved