Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Texas Advisor Accused of Racism Seeks to Restore Her Case Against LPL
By Dinah Wisenberg BrinLPL ended its affiliation with Eileen Cure in 2021 after allegations in a viral video; Cure says the BD harmed her reputation.
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.
September 23, 2026
Vanguard, Morgan Stanley, Pershing Face Class Action Over Paper Statement FeesThe financial firms were sued in federal court over charging for written records of balances and trades.
September 22, 2026
Ex-Advisor Convicted in Shooting of 3 Palestinian StudentsA Vermont jury finds Jason J. Eaton guilty of three counts of attempted murder.
September 17, 2026
Ex-Broker Sentenced to 9 Years for Long-Running $9.5M Ponzi SchemeEdwin Emmett Lickiss Jr., 78, pleaded guilty earlier to wire fraud and money laundering.
September 16, 2026
Ex-Edwards Jones Advisor Gets 7-Year Sentence in $10M Fraud Against Elderly ClientThe prison time for Ejiroghene Okuma should send a message to fiduciaries, a prosecutor said.
September 11, 2026
Schwab Must Pay $1.3M After Scam Snags Elderly ClientFunds were wired from an 82-year-old customer's trust account to a crypto firm, his sons' lawyer says.
September 10, 2026
Man Who Bought Hundreds of Snowmobiles With Ponzi Funds Sentenced to 8 YearsStanley Pophal of Wausau, Wisconsin, ran a $14.25 million scheme that funded his lavish lifestyle, prosecutors say.