Jaime Westenbarger Sentenced for Embezzling Client Funds – Goodman & Nekvasil, P.A. May Recover Investor Losses
Former SECURITIES AMERICA, INC. broker, Jaime Westenbarger Sentenced for Embezzling Client Funds.
CRD#: 4625703
Call 800-500-4442 if you think that you have received unsuitable investment recommendations from your adviser.
JAIME MICHAEL WESTENBARGER (CRD#: 4625703), a former registered representative for SECURITIES AMERICA, INC. in Grand Rapids, MI, was charged and has now been sentenced for embezzlement. According to the Michigan Attorney General’s office, Kent County investment advisor Jaime Westenbarger, 46, now of Nashville, TN, was sentenced to 30 to 240 months’ incarceration by Judge Scott A. Noto. Westenbarger pleaded guilty to one count of Embezzlement $100,000 or More.
Westenbarger has also agreed that other victims of uncharged offenses, listed in the plea agreement, have the right to seek restitution in this case for the financial loss they may have suffered.
Jaime Westenbarger Sentenced for Embezzling Client Funds.
Goodman & Nekvasil, P.A., is investigating brokers who may have unsuitably recommended investments to their clients.
St. Petersburg, Florida law firm Goodman & Nekvasil, P.A., has a national practice representing victimized investors. The firm continues to investigate brokerage firms that placed elderly retirees and other conservative investors in unsuitable investments.
Goodman & Nekvasil, P.A., has filed numerous cases against brokerage firms selling high-risk investments and has recovered more than $400 million dollars on behalf of victimized investors.
We allege in these cases that these investment recommendations were unsuitable for our clients in view of their financial situation, needs and investment objectives.
There is no charge for an evaluation of your case. We handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee.
If you incurred losses on your investment and would like your case evaluated by a securities attorney, please contact us.
Some of the information in this blog post was obtained from FINRA on 9/30/24. If you believe this information was reported incorrectly, please contact our firm: 1-800-500-4442.