Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Judge Dismisses Class-Action Suit Over Vanguard's $100 Exit Fee
By Dinah Wisenberg BrinThe federal court allowed the plaintiff to amend and refile the complaint against the investment giant.
February 04, 2026
Aon Agrees to $15M Settlement With Pennsylvania TeachersCalculation errors and bad advice caused the teachers to make millions of dollars in extra pension contributions, a suit alleged.
February 04, 2026
Senators Slam UBS for Obstructing Nazi Accounts Probe"UBS's conduct is absurd and a historic shame," Judiciary Committee Chairman Chuck Grassley said.
February 04, 2026
81 Year-Old Plaintiff Seeks Expedited Hearing in $35M Northern Trust Elder Fraud SuitElizabeth Madden is asking the court to hear the case by Aug. 3 due to her age and declining health.
February 03, 2026
Ex-Advisor Sentenced to 20 Years in Prison for $94M Ponzi SchemeAbout 25 Venezuelans applauded as a court official handcuffed Andrew Jacobus and escorted him away, the Miami Herald reported.
February 02, 2026
Citi Sues Former Exec, Denying Harassment ClaimJulia Carreon "fabricated" claims of harassment by wealth head Andy Sieg to avoid arbitration, the bank alleges.
January 30, 2026
Ex-Advisor Sentenced to 6 Years for Swindling Couple out of $1MJeffrey Slothower was also ordered to make restitution.
January 28, 2026
Northern Trust Hit With $35M Elder Fraud LawsuitThe lawsuit alleges that Northern Trust's former vice president stole millions from a $20 million legacy trust.