Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
New Pretrial Hearing Set for Ex-Broker Charged With Murder of BofA-Merrill Exec
By Jeff BermanThe next pretrial conference for Anthony Duwayne Turner, charged with killing Michelle Avan, is scheduled for Aug. 21.
July 03, 2023
Barred Broker Gets 8 Years in Prison for $1.9M Ponzi SchemeThe judge called Anthony Liddle's crimes "monstrous."
June 30, 2023
Supreme Court Throws Out Biden's Student-Loan Relief PlanStudent loan payments are set to resume in late August after a three-year pause.
June 29, 2023
Fired Rep Says Wells Fargo Added Fake Investigations to His U5: LawsuitA Black advisor alleges Wells fired him, then amended his Form U5 when he reported discrimination.
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.