Massachusetts Advisor, Firm to Pay $150,000 in Annuity Switching Case
By Melanie WaddellJeffrey Cutter and his firm failed to disclose significant upfront commissions and other conflicts of interest, a jury found.
February 20, 2026
Transamerica, Advisory Firm Face Suit Over $25M Term Life Policy ConversionA beneficiary said he has had trouble collecting all of the benefits that should be coming from the converted policy.
February 20, 2026
Lawsuit Accuses Stifel of Mismanaging Its Employees' 401(k)The suit contends Stifel kept two poorly performing funds in the plan for over a decade.
February 20, 2026
FINRA Suspends Rep Over Variable Annuity SwitchesRobert Settimio Cupello recommended six VA exchanges to seniors without a reasonable basis to believe they were suitable.
February 20, 2026
Fidelity to Pay Nearly $1.3M in Damages Over Structured ProductsClients said the firm committed breach of contract and fiduciary duty in connection with their investments.
February 20, 2026
Trump Questions Swamp Morgan Stanley Muni WebinarFinancial advisors clamored for a chance to ask what his agenda means for municipal budgets — and the bonds tied to them.
February 20, 2026
Apollo Seeks to Reassure Clients About CEO's Epstein TiesMarc Rowan arranged to meet him multiple times, including at least two gatherings in 2016, the latest documents show.
February 20, 2026
SEC Updates FAQ on Controversial Fund Names RuleThe new FAQ signals a looser interpretation of the rule.