Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
3 Suspects Charged With Murdering Advisor, Wife Who Vanished at Sea
By Dinah Wisenberg BrinThe suspects are also charged with kidnapping and escaping lawful custody, among other crimes.
March 05, 2024
Ex-Credit Suisse Clients Face Grand Jury Probes Over TaxesMeanwhile, the Justice Department is investigating whether the bank, now owned by UBS, helped Americans hide assets from the IRS.
March 01, 2024
Guardian, Advisors Say Unhappy Life Buyers Should Have Read the PoliciesThe defendants reject assertions that they owed a model and a stylist a fiduciary duty.
February 29, 2024
Ex-Morgan Stanley Advisor Says Co-Worker Proposed Honeypot SchemeThe co-worker wanted her "to use her sex and her looks" to attract clients, a lawsuit says.
February 28, 2024
Lawsuit: Mariner, American Century Made Secret 'No Poach' DealA gentleman's agreement "chained workers to their employers and suppressed any competition," the lawsuit contends.
February 26, 2024
Transamerica Wins Long-Term Care Benefits AppealThe insurer used surveillance to show that a man needed no care, and the 9th Circuit found that his appeal was frivolous.
February 23, 2024
DOL: Retirement Plan Administrator Embezzled $5.5MA firm and its owner transferred assets from 17 plans into their own corporate accounts, the department says.
February 20, 2024
South Carolina Man Sues Lincoln Over 1987 Tobacco Class ErrorRobert Stukes wants the company to return decades of extra premiums he paid after being mislabeled a smoker.