Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Pretrial Hearing Set for LPL Network Firm Employee Charged in Double Murder
By Jeff BermanThe next hearing for Ramy Fahim has been scheduled for Dec. 2.
September 13, 2022
TD Ameritrade, BofA Among 4 Firms Sued Over Biometric Voice PrintsFour separate complaints allege the firms violated the California Invasion of Privacy Act.
September 09, 2022
Ex-LPL Rep Pleads Guilty to Witness Tampering, FraudThe barred broker pleaded guilty to fraud and identity theft last year but scrapped the plea deal.
September 07, 2022
Oppenheimer Fights $37M Arb Ruling Tied to Ponzi SchemeA FINRA panel said the BD must pay damages to investors allegedly bilked in a scheme run by a former rep.
September 07, 2022
BlackRock Seeks Crackdown on Copycat Domain NamesIn a lawsuit, the giant asset manager says more than 30 domain names are "confusingly similar" to the BlackRock trademark.
September 02, 2022
Edward Jones Underpaid Female Advisors, Class-Action Suit SaysA former advisor takes issue with the firm's assertion that it has identified pay gaps and "addressed" them.
September 01, 2022
Ex-Merrill Rep Settles Smoothie Lawsuit for $7,500James Iannazzo's lawyer called the settlement a "token payment."
August 31, 2022
Up Next at Supreme Court: How Much Tax Pain Should Expats Face?The U.S. is unique in the level of tax torment it imposes on citizens abroad. But the justices could show mercy.