Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Lawsuit Says United Planners, Advisor Steered Retirees to High-Risk Investments
By Dinah Wisenberg BrinThe complaint, seeking class-action status, alleges securities fraud and RICO violations.
January 15, 2026
Ex-Advisor Pleads Guilty in $72M Ponzi SchemeAmong eight defendants in the Ohio case, Doug Miller was the second to plead guilty.
January 13, 2026
Florida Man Faces Trial for Alleged $36M Ponzi SchemeBrent Seaman reportedly used victims' funds for his personal expenses and to pay earlier investors.
January 12, 2026
Ex-Advisor Ordered to Pay $37M in Restitution for Bank Loan SchemeJesse T. Hill of Nebraska already was sentenced to five years for conspiracy to commit fraud.
January 12, 2026
Supreme Court to Review SEC Power to Recoup Illegal GainsThe case could blunt one of the agency’s most potent enforcement tools.
January 09, 2026
Double-Murder Trial Set for Former LPL Network Firm EmployeeRamy Hany Mounir Fahim is accused of murdering a Pence Wealth Management co-worker and his roommate.
January 05, 2026
Carson Group Ex-CMO Drops Discrimination SuitCarson Group and Mary Kate Gulick jointly agreed to dismiss the case.
January 05, 2026
Advisor Pleads Guilty to Tax Evasion, Faces Up to 5 Years in PrisonJefferey Arsenault of Old Greenwich Capital Advisors also agreed to pay nearly $7 million in restitution.