Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Hunter Biden's Plea Deal on Tax Charges in Limbo
By Chris Strohm and Jef FeeleyA hearing over the plea agreement tied to misdemeanor tax crimes and a firearm violation ended on Wednesday without resolution.
July 21, 2023
Prudential Overcomes Federal Appeal in Annuity Design CaseCase documents show how firms created and presented a product proposal.
July 20, 2023
Appeals Court Sides With Aon in Lowe's 401(k) SuitPlaintiffs objected to the firm selling one type of service to the plan while providing another.
July 20, 2023
Ponzi Schemer Who Got Trump Clemency Charged in New Fraud CaseEliyahu "Eli" Weinstein and four others were charged with defrauding more than 150 investors of $35 million.
July 18, 2023
Gundlach Tangles With Ex-Partners Over Value of DoubleLine StakesThe drawn-out litigation is one of several recent spats among mega alternative asset managers.
July 17, 2023
JPMorgan Broker Suspended for Not Disclosing Kidnapping ChargesThe broker was charged with kidnapping a child and threatening a crime resulting in death or bodily injury.
July 14, 2023
Bank of America Sued Over Unauthorized Accounts, FeesThe lawsuit follows, and references, a recent $250 million settlement BofA reached with U.S. regulators.
July 14, 2023
Tax Advisor to Top DJs Charged With Hiding $100M From U.S.Frank Butselaar, who was arrested in Italy, faces up to five years in prison on the most serious charges.