Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Banker Convicted of Murdering BofA Exec
By Dinah Wisenberg BrinAnthony Duwayne Turner was found guilty of murder, rape and burglary in Michelle Avan's slaying in Southern California.
August 07, 2025
Ex-CNBC Guest Analyst Sentenced to 5 Years for Investment ScamFormer fugitive James Arthur McDonald had pleaded guilty to securities fraud.
August 05, 2025
Fidelity Brokerage Says Former VP Took Client InfoAdam Ritter is misusing confidential information to solicit customers to his new firm, a lawsuit alleges.
August 05, 2025
Transamerica Life Sued Over Variable Annuity Premium TaxesThe plaintiff questions how the insurer handled billing for customers who surrendered their contracts early.
August 04, 2025
4 Years After BofA Exec's Killing, Ex-Banker Charged With Her Murder Stands TrialThe trial of Anthony Duwayne Turner, who could face the death penalty if convicted, is in its fourth week.
August 02, 2025
BlackRock, State Street and Vanguard Must Face Antitrust SuitA federal judge in Texas largely denied a request to dismiss a lawsuit claiming they colluded to reduce coal output.
August 01, 2025
Ex-Fidelity Advisor Charged With Fraud, Money LaunderingThe ex-Fidelity advisor took more than $2 million from a former client to travel, pay debts, DOJ says.
July 31, 2025
Mariner, Other Firms Agree to $25.5M Class Action SettlementThe suit alleges that the Kansas City-based entities conspired to not hire each other's staff in order to stifle pay.