Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Wells Fargo Sued Over Customer's Missing Jewelry
By Dinah Wisenberg BrinA Los Angeles resident accuses the bank and other defendants of stealing at least $32,000 in valuables.
October 26, 2023
New Service Makes Documents More AccessibleThe program from R.R. Donnelly & Sons broadens communication with clients through translation, transcription and subtitles.
October 19, 2023
PHL Variable Sues Its Insurers for Help With Defense CostsThe Nassau Financial subsidiary wants XL to pay bills related to cost-of-insurance increase suits.
October 19, 2023
Ex-Broker Who Used Client Funds to Pay Taxes, Buy Race Car Items Gets 10-Year SentenceThe judge also ordered the former broker to pay $3.5 million in restitution.
October 19, 2023
New York Life Faces Suit Over Record RequestsThe plaintiff contends that New York Life set conditions that are impossible to fulfill.
October 18, 2023
Citadel Securities, ASA Sue SEC Over CATSEC "has overstepped its statutory authority and failed to address investor and industry concerns, leaving us no choice but to litigate," they said.
October 17, 2023
Raymond James Hit With Sexual Harassment, Discrimination SuitThe suit also accuses Raymond James of not paying a VP as much as male co-workers.
October 17, 2023
Clients Sue Chase Over $1M in Missing CD FundsA mother and son contend they never received mailed checks from Chase totaling nearly $1.2 million.