Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Analyst Sues Vanguard for Bias
By Dinah Wisenberg BrinThe analyst's firing was grounded in bias against his age, gender and Jewish faith, the suit alleges.
March 30, 2023
Federal Court Blocks Many ACA Preventive Services RequirementsThe ruling could affect clients' spending on colonoscopies and diabetes screenings.
March 28, 2023
JPMorgan CEO Jamie Dimon to Be Deposed in Epstein LawsuitsJeffrey Epstein remained a bank client for five years after he pleaded guilty to soliciting a minor for prostitution.
March 28, 2023
SEC Charges Fake Advisor With Scamming $8.4M From InvestorsThe defendant, incarcerated earlier for drug trafficking, allegedly led three schemes targeting at least 28 investors.
March 27, 2023
Schwab Wins $7M From Morgan Stanley, Ex-AdvisorsChristopher Armstrong and Randall Kiefner, fired by Morgan Stanley for violating its transition policy, refuse to pay their share. "
March 23, 2023
NBA Players Lost $13M in Alleged Scheme Tied to Ex-Morgan Stanley AdvisorThree players involved in the lawsuit are Jrue Holiday, Chandler Parsons and Courtney Lee, their lawyer said.
March 23, 2023
CalPERS Agrees to $820M Long-Term Care Insurance Rate Suit SettlementPolicyholders have been fighting CalPERS in court since 2013.
March 22, 2023
SEC Charges Lindsay Lohan, Other Celebrities With Crypto ViolationsRegulators also brought charges against entrepreneur Justin Sun over the unregistered sales of tokens Tronix and BitTorrent.