Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Goldman Sachs Says Ex-Star Banker Leissner Is Hiding Its Money
By Patricia HurtadoTim Leissner collected more than $20 million in compensation while carrying out frauds involving Malaysia's 1MDB fund, Goldman says.
April 20, 2026
Ameriprise Data Breach Affected Nearly 48,000Two lawsuits sparked by the March incident have been dropped, court records show.
April 20, 2026
Stifel Settles With Investors in Structured Notes CaseThe investors won a $133M arbitration award tied to barred broker Chuck A. Roberts' risky strategy.
April 17, 2026
Mercer Faces Data Breach LawsuitsShinyHunters, a cyber extortion gang, dumped millions of internal records onto the dark web, plaintiffs say.
April 17, 2026
Barred Oregon Broker Accused of Stealing Over $1.6M From ClientsJeffrey Thomas Higgins is charged with selling clients' stock and taking the proceeds over roughly 17 years.
April 16, 2026
Murder or Insanity? Ex-LPL RIA Employee Faces Next Phase of TrialRamy Fahim, formerly of Pence Wealth Management, admitted to killing a co-worker and the co-worker's roommate.
April 14, 2026
Man Who Extorted His Financial Advisor Loses U.S. CitizenshipThe Italian-born man held the advisor at gunpoint after discovering he was running a Ponzi scheme, DOJ said.
April 09, 2026
Ex-LPL RIA Worker Pleads Guilty in Double MurderA jury trial will determine if the defendant was legally sane when the victims were slain in 2022.