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written by reader Important News Regarding Teeka Tiwari and Palm Beach Research

By art1010, February 14, 2024

Received this email yesterday afternoon – TT has several newsletters with this company.

NOTICE
Important News Regarding Teeka Tiwari and Palm Beach Research
Hello. Kris Sayce here, Publisher of Legacy Research. I’m writing to you with difficult news…
Our company recently parted ways with Teeka Tiwari.

In this letter, I’ll explain why this happened and how we plan to take good care of you as a valued subscriber.
First, the news that’s bound to shock you – Teeka’s departure…
On February 5, 2024, federal prosecutors charged a former employee of Legacy Research, Jonathan “William” Mikula, with conspiracy to commit securities fraud. 
Our research and recommendations must always be fiercely independent. It is the most important ethic we have as publishers.
But according to the charges, from December 2019 through August 2022, Mikula surreptitiously took payments for recommending investments to subscribers of former Palm Beach Research Group publication Palm Beach Venture.
The company learned that Teeka had a consulting agreement with a company called DeFi Technologies, Inc. which is partly owned by a merchant bank involved in Mikula’s activities.
DeFi Technologies was also linked to companies Teeka recommended to subscribers. It was a violation of his contract, and of company policy, for him to receive compensation from anyone who owned shares in companies he was recommending to subscribers.
Our most important rule as a company – our “prime directive” – is to never allow even the appearance that our work isn’t completely independent.
This is the most serious breach of the trust you and your fellow subscribers place in us.
For these reasons, we parted ways with Teeka and are working on finding an alternative to the publications you’ve been receiving. 
Please know that our company will devote its considerable resources to providing you with world-class research.
Making our publications as valuable and useful as possible has always been a team effort…
Showing you what’s around the corner in the markets has always been a team effort…
So has alerting you to world-changing innovations and helping you profit from them…
It has always been that way, and that will never change.
I will be in touch again soon with more specifics on what this means for you and how we’ll help you move forward.
As I mentioned at the top of this letter, I’m sure this news will come as a shock to you. And I’m sorry to have to break it to you.
But over the coming days, I’ll provide you with updates. In the meantime, our analyst team (whom you know well) will ensure you’re kept up to date with our best investment ideas.
Thank you, as always, for being a subscriber. I’ll be in touch again soon.

Regards,

Kris Sayce
Publisher, Legacy Research

Palm Beach Research Group
55 NE 5th Avenue, Delray Beach, FL 33483
www.palmbeachgroup.com

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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