Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
UBS Will Pay $511M to End Credit Suisse U.S. Tax Probe
By David VoreacosA bank unit pleaded guilty to conspiring to help clients hide over $4 billion from the IRS.
April 24, 2025
Short Seller Loses Bid to Toss SEC Fraud CaseA lawsuit accuses Andrew Left of committing fraud through stock trades, social media posts and research reports.
April 24, 2025
Advisor Who Left for Raymond James Breached Contract, TD AllegesAbout 30 clients with $48 million in assets left after Adam Bracy's departure, the bank says.
April 24, 2025
Jury Finds Massachusetts Advisor Failed to Disclose Annuity Conflicts to RetireesThe verdict holds Jeffrey Cutter and his firm accountable for breaching fiduciary duties to clients, the SEC said.
April 22, 2025
Supreme Court Ruling Could Spur 401(k) Fee LitigationThe ruling "has fundamentally altered the litigation framework for 401(k) excessive fee claims," says Ron Rhoades.
April 21, 2025
LPL Crying Foul on Data-Breach Notices Signals 'Bad Faith': AmeripriseLPL already agreed in court that such notices might be necessary, Ameriprise argues in a new filing.
April 21, 2025
Ex-Securities America CEO Sues OsaicJim Nagengast is claiming breach of contract related to his departure from the financial services firm in 2024.
April 18, 2025
7 Legal Issues That May Come Up When Annuity Owners DieThe more you can do to deal with these concerns early, the better.