Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Barred Long Island Broker Arrested Again for Defrauding Investors
By Jeff BermanHe was accused of stealing $80,000 from clients who thought they were investing in shares of Airbnb, DoorDash and Petco.
August 24, 2021
As RIA Arbitration Cases Climb, It's Time to Lawyer UpCustomer complaints should be taken seriously and responses crafted with professional guidance.
August 23, 2021
4 Lessons From Recent 401(k) LawsuitsLearning from others' mistakes can help plan sponsors avoid time in court.
August 23, 2021
Goldman Sachs, Former In-House Attorney End Retaliation SuitMarla Crawford has filed to dismiss a suit that alleged she was fired by the investment firm for trying to bring information on sexual harassment to light.
August 20, 2021
Health Care Group to Pay $2M for Misleading ClientsHealth Plan Intermediaries Holdings left consumers with limited coverage and tens of thousands of dollars in bills, says California's insurance commissioner.
August 20, 2021
UnitedHealth to Pay $14.3M in 'Landmark' Settlement Over Mental Health Parity LawThe insurer will end policies that created a coverage gap between those receiving traditional treatments and those in psychotherapy.
August 18, 2021
CFTC Sues Centurion Capital Management Over Alleged Commodity Pool FraudCenturion was required to register with the CFTC as a commodity pool operator, Svejda as an associated person. Neither did so.
August 16, 2021
LPL, WEG Advisor Faces Child Porn ChargesWealth Enhancement Group says it terminated the advisor after his arrest last week.