Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Wells Fargo to Pay $3.7B for Mistreating Clients
By Hannah LevittThe action includes a $1.7 billion fine tied to issues with the bank's car loans, mortgages and deposit accounts.
December 08, 2022
Next Hearing Set for Suspect in BofA-Merrill Exec's KillingEx-Merrill broker Anthony Duwayne Turner's next hearing is nearly a year and a half after the homicide.
December 06, 2022
Next Pretrial Hearing Set for LPL Network Firm Employee Charged in Double MurderThe next hearing for Ramy Fahim has been scheduled for Feb. 10.
December 02, 2022
Ex-LPL Rep Charged With Stealing $1.3M From Client With DementiaBradley Goodbred was arrested and charged with 23 felonies.
November 29, 2022
SEC Bars Ex-LPL Rep Who Pleaded Guilty to Witness TamperingFINRA already barred the ex-broker, who also pleaded guilty to fraud and identity theft last year.
November 28, 2022
JPMorgan, Deutsche Bank Sued by Epstein AccusersThe suit accuses JPMorgan of "financially benefiting from participating" in the alleged sex trafficking by providing financial support over 15 years.
November 17, 2022
Trump Ex-CFO Tells Jury He and Others Committed Tax Fraud"I committed those crimes with Jeff McConney, who I dealt with directly, and Trump Payroll and the Trump Corporation," he said.
November 16, 2022
FTX and Star Backers Including Tom Brady, Steph Curry Sued by InvestorThe investor claims FTX used celebrities to promote the exchange's unregistered securities and funnel investors into a Ponzi scheme.