Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Pretrial Hearing Set for Ex-Broker Charged With Murder of BofA-Merrill Exec
By Jeff BermanAnthony Duwayne Turner's next hearing is scheduled for July 10, the L.A. district attorney's office says.
May 25, 2023
Ex-Edward Jones Rep Sentenced to 2 Years in Prison for Scamming ClientsThe former broker took nearly $800,000 from clients, prosecutors said.
May 25, 2023
Ex-Morgan Stanley Advisor Gets 7 Years for Fleecing ClientsShawn Edward Good took in $7.2 million from at least 13 victims thorough his decade-long Ponzi scheme.
May 24, 2023
Couple Bilked in $29M Ponzi Scheme Sues Advisory FirmThe firm didn't supervise an advisor who paid for planes and mistresses with client money, a lawyer says.
May 23, 2023
Ex-Mutual Fund Head Sentenced to 4 Years in Prison for Advisor FraudThe Income Collecting 1-3 Months T-Bills Mutual Fund was used to defraud investors, a judge ruled.
May 18, 2023
First Command Sues LPL Over Alleged Advisor PoachingThe military-focused firm says LPL recruited three of its advisors and caused them to violate agreements.
May 18, 2023
Deutsche Bank Agrees to $75M Settlement With Epstein VictimsU.S. District Judge Jed Rakoff had dismissed some claims, but allowed the plaintiffs to move ahead with others.
May 18, 2023
Next Hearing Set for Ex-Broker Charged With Murder of BofA-Merrill ExecA preliminary hearing for Anthony Duwayne Turner, charged with killing Michelle Avan, was postponed until May 29.