Mike Lathigee | British Columbia Securities Expert Witness Admits Michael Lathigee Had No Personal Gain
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British Columbia Securities Expert Witness Admits Mike Lathigee Had No Personal Gain When His Company Collapsed During Subprime Mortgage Crisis! For more than a decade it has been falsely reported in the media that â in a ruling by the British Columbia Securities Commission (BCSC) against Mike Lathigee â he had amassed personal gains as a result of the collapse of his company. âThat is not the case, I owned more shares and options than any other investor and when my company collapsed, I lost more than anyone else, I was quite simply â wiped outâ, said Lathigee.
However, the BCSC created a back story indicating that (somehow?) Lathigee had personally benefitted. One popular Vancouver Newspaper even insinuated that Lathigee left Canada with âpocketedâ monies. That story was constituted of extremely careless reporting to the point of conjecture. The BCSC, with its own agenda, has shown no interest in setting the story straight. Rather it continues, what can only be described as, a public smear campaign. as Lathigee was, and continues, an outspoken critic of that organization.
Lathigee continues to focus his fierce criticism on the âtraditionalâ investment models including the regulatory bodies (BCSC), and their lawyers â as well as the abuses and corruption within the financial service industry. In the meanwhile he has raised over $125 million dollars without ever using any broker dealer network. He has ânamedâ specific companies and individuals (within the regulatory and financial domains) in his presentations and certainly, as his popularity grew, so did his list of well connected enemies. Lathigee continues his best efforts to inform the public of abuses within the industry and will continue to do so regardless of the consequences.
Quite frankly â do a forensic investigation of any offering and it is likely that you will find ânon disclosureâ. It is a ubiquitous âcatch allâ for regulators and yet it is quite impossible to foresee every eventuality at the launch of any project. Lathigee produced documents that, by any standard, were reasonably and honestly generated reflecting full disclosure as understood at the time of creation. Since the days of the âmelt downâ as a result of the sub prime fiasco, Lathigee has built a new company and generated a strong following in the United States. He states in all disclosure documents that anyone interested should âgoogleâ him before they do business with him.
After more than a decade â the BCSCâS expert witness, (in Appellant Reply brief Part 2.k at PP 28 to 30) said they were â âwithout proof that Mr Lathigee personally received any funds or had personal gainâ Please find attached recent court filing at the Supreme Court with updated information.
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