Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Murder or Insanity? Ex-LPL RIA Employee Faces Next Phase of Trial
By Dinah Wisenberg BrinRamy Fahim, formerly of Pence Wealth Management, admitted to killing a co-worker and the co-worker's roommate.
April 03, 2026
Ex-Edward Jones Advisor Pleads Guilty in Nearly $10M Fraud CaseEijroghene Okuma siphoned funds from an elderly client over three years, prosecutors say.
April 03, 2026
CFTC Sues States Over Prediction Markets in 'Unprecedented' MoveCFTC is asserting federal authority over these fast-growing markets with lawsuits against Illinois, Connecticut and Arizona.
April 02, 2026
Double Murder Trial Set to Start Friday for Former LPL RIA EmployeeThe defendant is accused of fatally stabbing a co-worker and the co-worker's roommate.
April 02, 2026
Case Opens Door to COVID-Era Tax Refund ClaimsMany taxpayers may be entitled to significant refunds for late payments, late filings and other penalties.
April 01, 2026
Cetera Faces Lawsuit Over Data BreachThe breach arose from one employee's email account.
April 01, 2026
Trust Sues Voya Over $1.4M Retirement Fund PayoutThe firm issued a check from a deceased employee's 401(k) instead of rolling it over, the complaint claims.
April 01, 2026
Ex-Ameriprise Client Files Class Action Over Data IncidentA lawsuit contends that a cybercriminal group compromised clients' sensitive information.