Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ameriprise Files for TRO Against 3 Advisors for Taking Client Data to LPL
By Melanie WaddellThe advisors printed out more than 8,000 pages of data and pre-solicited clients, Ameriprise alleges.
February 10, 2025
Texas Advisor and Radio Host Faces New Charges in Federal Fraud ProbeA judge released Brooklynn Chandler Willy on a $40,000 bond days after the charges were filed.
February 07, 2025
12 States to Sue Over DOGE Access to Payment System"This level of access for unauthorized individuals is unlawful, unprecedented, and unacceptable," the 12 attorneys general said.
February 06, 2025
Judge Blocks DOGE Access to Treasury Payment SystemsAn interim order blocks Elon Musk and DOGE employees from accessing Treasury data while a lawsuit proceeds.
February 04, 2025
Groups Sue Treasury Over DOGE Access to Social Security Payments"The scale of the intrusion into individuals’ privacy is massive and unprecedented," two unions and a retirees' group say.
January 31, 2025
Advisor Pleads Guilty to Taking $17M From Clients, Including His AuntScott Mason, former Rubicon Wealth Management president, could face up to 80 years in prison.
January 28, 2025
Mariner CEO Personally Called Planner, Edelman Says in Poaching SuitMariner requested Edelman's non-solicitation agreement and advised the planner on how to defend against a lawsuit, Edelman contends.
January 27, 2025
Raymond James Gets Restraining Order Against Ex-Intern Accused of DefamationThe court barred the former intern from going within 100 yards of firm offices and two employees.