Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Next Hearing Set for Suspect in BofA-Merrill Exec's Killing
By Jeff BermanEx-Merrill broker Anthony Duwayne Turner's next hearing will be held Feb. 15.
January 13, 2023
Trump's $1.6M Tax-Fraud Hit Eclipsed by Impact of Felony ConvictionTwo Trump Organization business units were sentenced on Friday in New York after a felony conviction last month.
January 12, 2023
JPMorgan Says Ex-Advisor Poached 32 Clients for Morgan StanleyThe bank accuses Joseph Michael of persuading households with assets of $28 million to start moving their accounts.
January 11, 2023
Unlicensed Advisor Gets Over 6 Years for Ponzi SchemeHe defrauded investors, including friends and family members, out of more than $4 million.
January 10, 2023
Former Broker Pleads Guilty to Filing False Tax ReturnThe ex-broker filed individual income tax returns omitting installment payments related to the sale of his advisory firm.
January 10, 2023
Ex-Broker Gets Over 5 Years in Prison for $2.9M Securities SchemeThe former broker diverted clients' funds to repay previous investors and for his own use, according to DOJ.
January 09, 2023
Ex-Broker to Fork Up $3M Over Fintech FraudThe SEC says Paul Hess and other defendants tricked investors into buying unregistered interests in shell companies.
January 09, 2023
Arizona 'Advisor' Charged With 27 Counts of Mail, Wire FraudThe Personal Money Management president allegedly used $13.3 million in client funds to buy precious metals.