Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Advisor Sentenced to 3 Years for Bilking Investors, Including Pro Athletes
By Dinah Wisenberg BrinIan Bell spent investors' money on trips, jewelry and his fiancée’s credit card bills, prosecutors said.
September 12, 2025
DOL Backs Morgan Stanley on Deferred CompAdvisors who left the wirehouse have argued they're owed millions in deferred compensation.
September 12, 2025
DOJ Charging Two Men With Pumping Up Chinese Firm's U.S. SharesThe case highlights a legal structure used to set up shell corporations in offshore locations to list on U.S. stock markets.
September 12, 2025
Ex-Two Sigma Quant Charged With Fraud by Federal ProsecutorsThe researcher allegedly manipulated investment models so they seemed to be generating higher returns than they were.
September 09, 2025
Judge Tentatively OKs $25M Vanguard Target-Date Selloff SettlementA previously rejected $40 million settlement would have paid less to affected investors.
September 09, 2025
SEC Sued Over Accredited Investor RuleA health care startup executive says she was blocked from investing in a venture capital fund.
August 29, 2025
SEC Bars Advisor Over Cherry-Picking SchemeBurleson disproportionately allocated profitable option trades to his personal account and unprofitable ones to his clients’ accounts.
August 29, 2025
Top Annuity Seller Wins Cybersquatting CaseThe other organization using a similar trademarked name runs a mobile crypto mining app.