Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
New York Life Faces Suit Over Record Requests
By Allison BellThe plaintiff contends that New York Life set conditions that are impossible to fulfill.
October 17, 2023
Clients Sue Chase Over $1M in Missing CD FundsA mother and son contend they never received mailed checks from Chase totaling nearly $1.2 million.
October 17, 2023
How an IRS Contractor Leaked Tax Data on Trump, Bezos and MuskCharles Littlejohn stole tax information on thousands of wealthy Americans and leaked it to several media outlets.
October 17, 2023
Stifel Named in Civil Case Against Advisor Charged With Strangling GirlfriendThe firm neglected its duty of care to the girlfriend, who was a client, according to the lawsuit.
October 12, 2023
Transamerica Sued Over Marijuana-Linked Claim DenialFailure to disclose occasional use on a life insurance application is not material misrepresentation, the beneficiary asserts.
October 12, 2023
Ex-Barclays CEO Staley Fined $2.2M Over Epstein TiesHe is banned from work in finance after misleading U.K. regulators about his relationship with the sex offender.
October 12, 2023
Allianz Life Faces Annuity Owner SuitThe plaintiff says the insurer should have explained why it cut off ties to her advisor.
October 11, 2023
Advisor Pleads Guilty to Bilking 45 Clients in Cherry-Picking SchemeThe barred broker faces up to 25 years in prison when he is sentenced Dec. 28.