Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
New DOL Fiduciary Rule Hit With First Lawsuit
By Melanie WaddellFACC seeks to stop the rule from taking effect during its existing case against DOL.
April 30, 2024
New Arraignment Set for LPL Network Firm Worker Charged in Double SlayingThe arraignment, scheduled for May 24, follows a preliminary hearing last August for Ramy Hany Mounir Fahim.
April 26, 2024
Carson Group Turmoil Raises Big QuestionsExperts speak out on how the firm seems to have fallen short and what should be done in response.
April 25, 2024
Chamber of Commerce Sues to Block FTC's Non-Compete BanThe move follows the FTC's vote on Tuesday to issue a final rule banning non-competes provisions in nearly all cases.
April 24, 2024
Ex-CMO Sues Carson Group Over Handling of Sexual Assault: A TimelineThe lawsuit is tied to a complex set of circumstances and conversations dating back to at least mid-2021.
April 23, 2024
FTC Bans Worker Non-Compete RulesExisting non-competes for executives earning over $151,164 a year in a "policy making position" can stay in place.
April 23, 2024
Ex-Carson CMO Sues Firm Over Handling of Sexual AssaultMary Kate Gulick says the firm retaliated after she voiced concerns that the alleged assailant wasn't fired.
April 17, 2024
Supreme Court Case Could Upend a Key Succession StrategyThe case involves a life insurance strategy intended to keep remaining shareholders in control after a key shareholder's death.