Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
October 14, 2020
Fake N.J. Advisor Indicted for $2.1M ScamThe defendant promised his clients 25% returns, prosecutors say.
August 09, 2018
Ex-Morgan Stanley Lawyer Alleges Retaliation After Raising Corruption ConcernsThe case, previously unreported, already is teeing up novel legal issues.
March 16, 2017
For Fiduciary Rule, Morningstar Sees Up to $150M in Annual Class Action SettlementsLabors estimate of compliance costs for individual large financial firms is low, Morningstar says.
August 03, 2015
PPACA World: Where’s the litigation?A Manatt Phelps health care defense lawyer says he's not yet seeing much activity.
August 03, 2015
PPACA World: Where’s the litigation?A Manatt Phelps health care defense lawyer says he's not yet seeing much activity.
July 02, 2014
New Hire Roundup: SEC Adds 2 Judges, 3 AttorneysAlso in new hires, Nuance Investments welcomed Chad Baumler as portfolio manager.
March 27, 2014
BofA to Pay $6.3 Billion to Fannie, Freddie Over RMBS FailuresBank of America reached a settlement Wednesday to resolve all of the Federal Housing Finance Agency's residential mortgage-backed securities litigation with the bank.