Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
American National Seeks to Void Another Life Policy
By Allison BellThe insurer says many residents of one town applied for coverage insuring non-relatives using false information.
July 31, 2023
American National Seeks to Void a Life Insurance Policy Over Alleged FraudThe insurer says the purchase was part of a $535 million conspiracy.
July 28, 2023
Judge Throws Out RIA's Poaching Suit Against CambridgeColonial River Wealth Advisors alleged the BD helped an advisor poach back her clients after selling the firm.
July 27, 2023
Twin Advisors Indicted on Fraud ChargesAdam and Daniel Kaplan are accused of bilking at least 60 clients out of at least $5 million.
July 26, 2023
Hunter Biden's Plea Deal on Tax Charges in LimboA hearing over the plea agreement tied to misdemeanor tax crimes and a firearm violation ended on Wednesday without resolution.
July 25, 2023
Ex-UBS Advisor Says Firm Fired Him Over His DepressionThe wirehouse failed to reasonably accommodate his treatment, according to a lawsuit.
July 24, 2023
Advisor Fights SEC in Annuity Switching CaseJeffrey Cutter didn't violate the Advisers Act because he was acting as an insurance agent, his lawyers argue.
July 21, 2023
Prudential Overcomes Federal Appeal in Annuity Design CaseCase documents show how firms created and presented a product proposal.