Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Barred Broker Gets 8 Years in Prison for $1.9M Ponzi Scheme
By Jeff BermanThe judge called Anthony Liddle's crimes "monstrous."
June 28, 2023
42 Dropped Cases, 48 Lifted Bars, One Big 'Disaster': SEC RoundupA breach in the SEC's in-house judicial system highlights a major underlying problem, two attorneys say.
June 28, 2023
Fired Wells Fargo Brokers File Age, Race Discrimination SuitThe plaintiffs alleged that they were fired for being white and in their 60s.
June 28, 2023
Wells Fargo Investor Seeks Files in Probe Over Fake Interviews for Diverse CandidatesA Florida pension fund is demanding files about a possible criminal probe into whether the bank violated federal law.
June 26, 2023
Can Congress Tax Unrealized Gains as Income? Supreme Court May DecideThe case, Moore v. United States, could have implications for the debate over wealth taxes.
June 16, 2023
Schwab Robo-Advisor Hidden Fees Case Moves to Federal CourtThe lawsuit cites an SEC order last year requiring Schwab to pay nearly $187 million for misleading statements.
June 15, 2023
Goldman Partner's Sexually Explicit Video Led to Millions in SettlementAdam Dell didn't know a camera was filming after a work project and sent the full video to a woman, say people familiar with the matter.
June 12, 2023
JPMorgan to Pay $290M to Settle Epstein Victim's SuitThe deal with the victim identified only as Jane Doe doesn't end JPMorgan's legal headache over its ties to Epstein.