Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
New York Life Faces Hiring Suit Linked to Adult Film
By Allison BellThe applicant says the company withdrew a job offer because of a work made and distributed against her will.
November 14, 2023
Model, Stylist Sue Advisors Over Cash-Value Life AdviceThe plaintiffs assert that the financial pros locked them into unsuitable arrangements with their life insurance policies.
November 13, 2023
MassMutual, PacLife and State Farm Face Genetic Privacy SuitsThe plaintiffs object to the life insurers asking about applicants' family medical history.
November 09, 2023
BofA Accused of Aiding Elder Financial AbuseA woman with a Merrill account claims scammers took $690,000 from her after she visited a California branch of the bank.
November 09, 2023
SEC Bars Ex-Edward Jones Rep Who Defrauded Clients Out of $800KRonald T. Molo, accused of using client money to pay for two cars, has been sentenced to two years in prison.
November 06, 2023
Analyst Pleads Guilty to Punching Subway WorkerThe next hearing in the criminal case takes place Dec. 4 at Kings County Supreme Court in Brooklyn.
October 31, 2023
Wells Fargo Sued Over Customer's Missing JewelryA Los Angeles resident accuses the bank and other defendants of stealing at least $32,000 in valuables.
October 27, 2023
Ivanka Trump Ordered to Testify in Father's NY Civil TrialHer appearance is tied to the $250 million civil fraud lawsuit against the former president and his large real estate firm.