Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Judge Denies Ameriprise Restraining Order Against 3 Advisors Who Left for LPL
By Melanie WaddellAmeriprise failed to demonstrate that its case against LPL is likely to succeed, the judge ruled.
February 24, 2025
Ameriprise 'Chasing Headlines' in Client Data Dispute, LPL ArguesThe financial services firm has taken to filing serial litigation against departing advisors, the latest filing says.
February 21, 2025
Ex-Fugitive Advisor, CNBC Guest to Plead Guilty to Securities FraudJames Arthur McDonald Jr. caused investors to lose about $3 million, prosecutors say.
February 13, 2025
Ameriprise Files for TRO Against 3 Advisors for Taking Client Data to LPLThe advisors printed out more than 8,000 pages of data and pre-solicited clients, Ameriprise alleges.
February 11, 2025
SEC X Account Hack Over Bitcoin ETF Post Leads to Guilty PleaThe hack involved a fake social media post announcing the authorization of the first-ever spot Bitcoin ETFs.
February 10, 2025
DOGE Treasury Data Block Wrongfully Limits Bessent, DOJ SaysA judge’s order blocking DOGE wrongfully prevents Treasury Secretary Scott Bessent from doing his job, Trump DOJ says.
February 10, 2025
Texas Advisor and Radio Host Faces New Charges in Federal Fraud ProbeA judge released Brooklynn Chandler Willy on a $40,000 bond days after the charges were filed.
February 07, 2025
12 States to Sue Over DOGE Access to Payment System"This level of access for unauthorized individuals is unlawful, unprecedented, and unacceptable," the 12 attorneys general said.