Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Judge Scraps United Capital's Poaching Case Against Osaic
By Dinah Wisenberg BrinThe court allowed United Capital the opportunity to amend and refile the complaint.
June 22, 2026
JPMorgan Fights $4M FINRA Award to Rep Fired Over Super Bowl PartyThe bank argued it "had ample reason to terminate" Brent Ryan Bodner for misrepresenting the nature of an expense.
June 22, 2026
Ex-Broker Pleads Guilty to Robbing Bank With Fake BombScott Charles Tunis reportedly had been experiencing financial stress and self-medicating with alcohol.
June 22, 2026
Stifel Pays $3M to Settle Claim Over Barred Broker's Structured Notes StrategyAfter a $133 million award in April, the firm faces up to 19 additional complaints tied to Chuck Roberts.
June 22, 2026
Former CFA Executive Gets Up to 9 Years for EmbezzlementMichael J. Collins, CFA Institute's former chief marketing officer, was sentenced Monday in New York state court.
June 17, 2026
Man Who Bought Hundreds of Snowmobiles Admits to $14M Ponzi SchemeStanley Pophal used investor money to purchase 600 items, including motorcycles, for himself, according to prosecutors.
June 15, 2026
New York Tax Preparer Sentenced in $50M Ponzi SchemeMiles Burton Marshall had pleaded guilty to grand larceny, securities fraud and scheme to defraud.
June 12, 2026
Ken Leech Pleads Guilty to Obstructing SEC Probe Into $600M TradesThe former star bond trader admitted at a court hearing that he lied to the Securities and Exchange Commission.