Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Jury Finds Massachusetts Advisor Failed to Disclose Annuity Conflicts to Retirees
By Melanie WaddellThe verdict holds Jeffrey Cutter and his firm accountable for breaching fiduciary duties to clients, the SEC said.
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.
April 18, 2025
Schwab-TD Ameritrade Antitrust Case Settled, Notification Process UnderwayOver 25.5 million customers were to receive settlement notifications, a court document indicates.
April 17, 2025
How Opening a Morgan Stanley Account Led to a Fraud ArrestThe firm alerted authorities after a Georgia man tried to deposit $32.5 million into a brokerage account, prosecutors allege.
April 16, 2025
SEC Won't Modify Texting Settlements for LPL, Raymond James, 14 OthersSixteen firms sought to change their off-channel messaging orders, saying firms that settled later got better terms.
April 08, 2025
Fired Edward Jones Broker Charged With Fraud, Money Laundering in Alleged Theft From WidowJohn Winslow is accused of taking over $920,000 from a client and trading gold coins to conceal it.
April 04, 2025
9th Circuit Rules for Foresters in California Life Policy Lapse CaseThe court found that the policyholder was responsible for not sending her insurer a change-of-address notice.