Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Mariner CEO Personally Called Planner, Edelman Says in Poaching Suit
By Melanie WaddellMariner requested Edelman's non-solicitation agreement and advised the planner on how to defend against a lawsuit, Edelman contends.
January 24, 2025
Judge Dismisses Hollywood Managers’ Suit Against Goldman, Focus FinancialThe managers claimed Goldman misled them about Focus’ $7 billion acquisition, spoiling their own efforts to be acquired.
January 23, 2025
Debate: Does ESG Investing Breach Plan Sponsors’ Duty of Loyalty?A Texas court found that American Airlines' plan erred by including environmental, social and governance factors.
January 16, 2025
Federal Appeals Court Rules on How to Read a Life Insurance PolicyKansas City Life violated contract terms when changing its cost-of-insurance charges, an 8th Circuit panel found.
January 16, 2025
How to ‘Bulletproof’ a Will With a No-Contest ClauseEarly and consistent communication reduces estate planning conflict, but legal mechanisms are also available when challenges are expected.
January 15, 2025
Musk Accused by SEC of Cheating Twitter Investors Out of MillionsThe billionaire cheated Twitter shareholders out of more than $150 million, the SEC alleges.
January 14, 2025
Ex-Intern Waged Smear Campaign Against Raymond James, Suit AllegesPhony email campaigns suggested two employees were convicted rapists with neo-Nazi ties, the firm's defamation suit says.
January 10, 2025
Fake WisdomTree Execs Duped Over 1,000 Investors: LawsuitThe fraudsters falsely claimed they hosted a conference with Fidelity, Goldman, BlackRock and Vanguard, WisdomTree's lawsuit contends.