Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Merrill Advisor Who Threw Smoothie Catches FINRA's Eye Over Cash Transactions
By Jeff BermanFINRA says James Iannazzo structured cash transactions in his personal accounts to avoid federal reporting requirements.
December 14, 2022
Missouri Jury Awards $28.36M in Universal Life CaseThe lawsuit is part of a wave of cost-of-insurance charge litigation.
December 08, 2022
Next Hearing Set for Suspect in BofA-Merrill Exec's KillingEx-Merrill broker Anthony Duwayne Turner's next hearing is nearly a year and a half after the homicide.
December 06, 2022
Next Pretrial Hearing Set for LPL Network Firm Employee Charged in Double MurderThe next hearing for Ramy Fahim has been scheduled for Feb. 10.
December 02, 2022
Ex-LPL Rep Charged With Stealing $1.3M From Client With DementiaBradley Goodbred was arrested and charged with 23 felonies.
November 29, 2022
SEC Bars Ex-LPL Rep Who Pleaded Guilty to Witness TamperingFINRA already barred the ex-broker, who also pleaded guilty to fraud and identity theft last year.
November 28, 2022
JPMorgan, Deutsche Bank Sued by Epstein AccusersThe suit accuses JPMorgan of "financially benefiting from participating" in the alleged sex trafficking by providing financial support over 15 years.
November 17, 2022
Trump Ex-CFO Tells Jury He and Others Committed Tax Fraud"I committed those crimes with Jeff McConney, who I dealt with directly, and Trump Payroll and the Trump Corporation," he said.