Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-LPL Advisor Charged With Wire Fraud
By Dinah Wisenberg BrinWilliam Bernard Tunink, now barred from the industry, defrauded more than 50 investors, Iowa prosecutors say.
October 02, 2026
SEC Bars Ex-Cetera Advisor Accused of $2.4M Fraud Against Elderly ClientClarice Saw, previously affiliated with Citigroup and LPL, was subject to a civil judgment earlier this year.
October 02, 2026
Merrill Agrees to $39M Settlement in Cash Sweeps SuitMerrill Edge failed to pay reasonable interest rates on uninvested cash, plaintiffs argued.
September 29, 2026
LPL Faces Complaint About Annuity Guaranty Fund AdvicePlaintiffs in a suit over a PHL contract maintain that a financial professional should have talked about the state protection limit.
September 25, 2026
Texas Advisor Accused of Racism Seeks to Restore Her Case Against LPLLPL ended its affiliation with Eileen Cure in 2021 after allegations in a viral video; Cure says the BD harmed her reputation.
September 24, 2026
When an Advisor Departure Turns Into a LawsuitWhat emerges within 30 days of a move often shapes the outcome.
September 24, 2026
Ameriprise, Broker to Pay Edward Jones Nearly $4.8M in Trade-Secrets DisputeAfter being fired from Edward Jones, Cory Clem attempted to take trade secrets and solicit clients, a FINRA arb panel found.
September 23, 2026
Delaware Life Faces Federal Suit Over Asset ReclassificationA Miami resident is seeking class-action status for a case involving allegations about the investments supporting the annuity he purchased.