Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Barred Oregon Advisor Pleads Guilty to $1.6M Investment Fraud
By Dinah Wisenberg BrinJeffrey Thomas Higgins, who defrauded at least 14 investors, faces up to five years in prison.
May 28, 2026
Epstein Files Reveal Long-Running Ties With One Wealth ManagerPaul Morris was part of the concierge team that shepherded Epstein's wealth at two of the world's largest banks.
May 27, 2026
Schwab Advisor Pleads Not Guilty to Assault, Weapons ChargesThe charges stem from an alleged domestic violence incident, Denver County Court records show.
May 26, 2026
Tax Court Cites Life, Annuity Assets in 40% Penalty RulingThe judge found that a microcaptive arrangement was not adequately disclosed on the insured firm's tax return.
May 26, 2026
Ex-Broker Pleads Guilty to $9.5M Ponzi SchemeEdwin Emmett Lickiss Jr., 78, admitted to defrauding investors over 26 years.
May 22, 2026
NASCAR Champ Kyle Busch Dies at 41Busch and his wife this year settled with Pacific Life after alleging they'd lost nearly $8.6 million in an IUL strategy.
May 22, 2026
JPMorgan Denies Ex-VP's Viral Harassment Claims in Court FilingChirayu Rana's claims in the suit against the bank and executive director Lorna Hajdini are "false" and "malicious," JPMorgan said.
May 20, 2026
JPMorgan Banker Sues Ex-Colleague Over 'Fabricated' Sex ClaimsLorna Hajdini countersued a former colleague who claimed that she forced him to be her "sex slave."