Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Edward Jones Advisor Pleads Guilty in Nearly $10M Fraud Case
By Dinah Wisenberg BrinEijroghene Okuma siphoned funds from an elderly client over three years, prosecutors say.
April 02, 2026
Case Opens Door to COVID-Era Tax Refund ClaimsMany taxpayers may be entitled to significant refunds for late payments, late filings and other penalties.
April 01, 2026
Cetera Faces Lawsuit Over Data BreachThe breach arose from one employee's email account.
April 01, 2026
Trust Sues Voya Over $1.4M Retirement Fund PayoutThe firm issued a check from a deceased employee's 401(k) instead of rolling it over, the complaint claims.
April 01, 2026
Ex-Ameriprise Client Files Class Action Over Data IncidentA lawsuit contends that a cybercriminal group compromised clients' sensitive information.
March 30, 2026
Suspended Broker Who Pretended to Be Trading Whiz Pleads Guilty to FraudKenneth Thom, who promoted himself on social media as "K Money," faces up to five years in prison.
March 28, 2026
BofA to Pay $72.5M to Settle Epstein Victim LawsuitAccording to the suit, Apollo Global co-founder Leon Black used the bank's accounts to transfer $170 million to Epstein.
March 27, 2026
Judge Dismisses Case Against Fidelity Over Money Market Fund FeesInvestor plaintiffs failed to show Fidelity breached its fiduciary duty, the judge ruled.