{"id":11336,"date":"2009-08-25T08:14:29","date_gmt":"2009-08-25T16:14:29","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11336"},"modified":"2009-08-26T04:27:19","modified_gmt":"2009-08-26T12:27:19","slug":"88-million-paid-to-clients-of-former-financial-adviser","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2009\/88-million-paid-to-clients-of-former-financial-adviser.html","title":{"rendered":"$8.8 million paid to clients of former financial adviser"},"content":{"rendered":"<p>The Tribune &#8211; The more than $8.8 million judgment awarded to clients of Jeffrey Forrest has been paid, six months after a financial regulatory agency determined that the former San Luis Obispo investment adviser had misrepresented a risky hedge fund as being safe.<\/p>\n<p>Forrest, who owned WealthWise LLC, and Associated Securities, an El Segundo-based broker-dealer with which his firm had been registered to sell securities, abandoned their appeal of the judgment in federal court, according to Phil Aidikoff, a Beverly Hills attorney representing the group of WealthWise investors.<\/p>\n<p><strong><a title=\"Read Complete Article\" href=\"http:\/\/www.sanluisobispo.com\/news\/local\/story\/826497.html\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n<p><input id=\"gwProxy\" type=\"hidden\" \/><\/p>\n<p><!--Session data--><input id=\"jsProxy\" onclick=\"jsCall();\" type=\"hidden\" \/><\/p>\n<p><input id=\"gwProxy\" type=\"hidden\"><!--Session data--><\/input><input id=\"jsProxy\" onclick=\"jsCall();\" type=\"hidden\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tribune &#8211; The more than $8.8 million judgment awarded to clients of Jeffrey Forrest has been paid, six months after a financial regulatory agency determined that the former San Luis Obispo investment adviser had misrepresented a risky hedge fund [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11861,32,15670,7091,11148,19,4504,2008,15668,15669,4976],"class_list":["post-11336","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-beverly-hills","tag-broker-dealer","tag-el-segundo","tag-financial-adviser","tag-hedge-fund","tag-investment-adviser","tag-investors","tag-judgment","tag-regulatory-agency","tag-san-luis-obispo","tag-six-months"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11336"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11336\/revisions"}],"predecessor-version":[{"id":11368,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11336\/revisions\/11368"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}