Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Morgan Stanley, Schwab Broker Arrested on Child Porn Charges
By Jeff BermanRandall Kiefer has been charged with 21 counts related to child porn.
April 12, 2023
8 Financial Managers Indicted in $72M SchemeThe defendants scammed at least 200 clients, according to prosecutors.
April 10, 2023
Firm Founder Sentenced to 15 Years in Prison For FraudThe ex-Infinity Q Capital Management CIO was sentenced for his role in a mismarking scheme.
April 06, 2023
Ex-Analyst Sues Vanguard for BiasThe analyst's firing was grounded in bias against his age, gender and Jewish faith, the suit alleges.
April 05, 2023
Ex-Broker Gets 4-Year Prison Sentence for $2.5M Tax EvasionJames Millegan, 65, started at Lehman Brothers in 1983 and launched his own commission based broker-dealer in 1996.
April 04, 2023
Next Hearing Set for Ex-Broker Charged With Murder of BofA-Merrill ExecAnthony Duwayne Turner's next court appearance for the killing of Michelle Avan in 2021 will take place on May 8.
March 30, 2023
Federal Court Blocks Many ACA Preventive Services RequirementsThe ruling could affect clients' spending on colonoscopies and diabetes screenings.
March 28, 2023
JPMorgan CEO Jamie Dimon to Be Deposed in Epstein LawsuitsJeffrey Epstein remained a bank client for five years after he pleaded guilty to soliciting a minor for prostitution.