Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ex-Advisor Accused of Racism in TikTok Video Must Pay LPL Over $820K
By Dinah Wisenberg BrinEileen Cure had sued the BD for $95 million after it ended an affiliation with her.
March 05, 2026
Barred Advisor Charged With $3.3M Fraud Against LPL, Fidelity and TD AmeritradeA federal grand jury returned an 11-count indictment against Andrew Komarow.
March 04, 2026
Ex-Morgan Stanley Advisor Convicted of Defrauding 3 NBA PlayersDarryl Cohen cheated the pro athletes out of more than $5 million, according to prosecutors.
March 04, 2026
NASCAR Champ Kyle Busch, Pacific Life Settle IUL LawsuitThe parties reached a confidential settlement in the case; the Busches had sought $8.6 million plus damages.
March 03, 2026
Double Murder Trial for Former LPL RIA Employee Set for AprilRamy Fahim, formerly of Pence Wealth Management, is charged with killing two men, including a co-worker.
March 03, 2026
Sales of Much-Debated Life Product Rise 12%The total number of individual life policies sold climbed 9%, LIMRA says.
March 02, 2026
Firm Acquired by Mariner Alleges Fraud, Breach of ContractIn a lawsuit, James Hyre says Mariner broke promises of significant compensation and support after buying his Ohio firm.
February 27, 2026
Deutsche Bank's Epstein Files Throw Family Offices Into the OpenA fifth of the world's 500 richest people now have a family office, helping oversee fortunes totaling over $5 trillion.