For more than a decade it has been falsely reported in the media that — in a ruling by the British Columbia Securities Commission (BCSC) against Mike Lathigee — he had amassed personal gains as a result of the collapse of his company.
‘That 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 — wiped out’, said Lathigee.