Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Supreme Court Favors IRS Over Tax Court
By Allison BellThe ruling may reduce the ability of taxpayers to get cash back from the IRS quickly.
June 07, 2025
Supreme Court Gives DOGE Access to Social Security DataThe disputed data includes Social Security numbers, tax and earnings records, and bank and credit card information.
June 06, 2025
SEC Says Advisor Defrauded Clients on FeesDavid A. Nagler and his firm allegedly overcharged clients and levied "consulting" fees without their knowledge.
June 05, 2025
FINRA Panel Awards $1M to Advisor Over UBS TerminationUBS said it will consider its options after the split arbitration decision.
June 05, 2025
FINRA Panel Orders Advisor to Pay Ameriprise $383KAmeriprise accused the advisor of a "brazen scheme" to take account information to his new RIA.
June 04, 2025
Vanguard, Investors to Resume Talks in Target-Date Selloff CaseA judge rejected a $40 million settlement, given an SEC agreement offering plaintiffs a better deal.
June 02, 2025
Ameriprise Fights LPL Advisors' Request to Block Device SearchAmeriprise is pushing back against anonymous LPL advisors filing to intervene in LPL's forensic review of advisors' devices.
June 02, 2025
Supreme Court Rebuffs Challenge to FINRA's AuthorityThe justices turned away an appeal from Alpine Securities, allowing a FINRA case against the BD to proceed.