Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Broker Facing Child Porn Charges Loses $1.44M Arbitration With Morgan Stanley
By Ryan W. NealThe finding against Randall Kiefner centered on his violating the bank's transition policy after leaving Schwab.
November 09, 2023
BofA Accused of Aiding Elder Financial AbuseA woman with a Merrill account claims scammers took $690,000 from her after she visited a California branch of the bank.
November 09, 2023
SEC Bars Ex-Edward Jones Rep Who Defrauded Clients Out of $800KRonald T. Molo, accused of using client money to pay for two cars, has been sentenced to two years in prison.
November 06, 2023
Analyst Pleads Guilty to Punching Subway WorkerThe next hearing in the criminal case takes place Dec. 4 at Kings County Supreme Court in Brooklyn.
October 31, 2023
Wells Fargo Sued Over Customer's Missing JewelryA Los Angeles resident accuses the bank and other defendants of stealing at least $32,000 in valuables.
October 27, 2023
Ivanka Trump Ordered to Testify in Father's NY Civil TrialHer appearance is tied to the $250 million civil fraud lawsuit against the former president and his large real estate firm.
October 26, 2023
Transamerica Faces Suit Tied to Long-Term Care BuyoutThe insured passed away before the payment for the transaction was made.
October 26, 2023
New Service Makes Documents More AccessibleThe program from R.R. Donnelly & Sons broadens communication with clients through translation, transcription and subtitles.