Schorsch Accused of $900M Fee-Driven Scheme
Behind the accounting errors that knocked $4 billion off ARCP’s market value was a hidden scheme, investors said in a lawsuit.
Ex-NFL Player Accused of Ponzi Scheme: SEC
A former New England Patriot and a partner are accused of bilking investors who thought they were funding loans to pro athletes.
Northwestern Mutual to Settle Annuities Suit for $84M
The class-action lawsuit was triggered by a change it made in 1985 in how it calculated dividends for a fixed-income annuity.
Lockheed to Pay $62 Million to End Worker Pension Lawsuit
Employees and retirees say the defense firm charged them “unreasonable and excessive” fees on retirement plans.
Charity Watchdog Scores Victory on Access to Nonprofits' Tax Forms
A federal judge has tentatively ruled in favor of an open-records activist who had sued the IRS to make nonprofit tax forms more accessible.
CFP Board Names Camarda Case Lawyer as Its General Counsel
Leo Rydzewski hails from Holland & Knight, the law firm representing the Board in its legal battle against the Camardas.
RCS Capital Faces Class-Action Shareholder Lawsuit
Suit filed by Pomerantz seeks to recover damages on behalf of those who bought RCS Capital securities between Feb. 12 and Oct. 31.
Camardas Amend Court Filing to Block Client List From CFP Board
The move comes shortly after the CFP Board filed a motion asking the Camardas to hand over client information, which raised questions about privacy rules.
Has the CFP Board Overplayed Its Hand With the Camardas?
Even if the Board wins its suit, what will be the long-term cost in the hearts and minds of other CFPs?
CFP Board Request for Camardas' Client List Raises Eyebrows
The latest filing in the CFP Board/Camarda legal tussle is raising some questions about privacy rules, Brian Hamburger of MarketCounsel says.