Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
FINRA Bars Ex-Morgan Stanley Advisor Over Refusal to Share Info for Probe
By Dinah Wisenberg BrinThe advisor joined an RIA the month after his Morgan Stanley dismissal.
February 20, 2026
Transamerica, Advisory Firm Face Suit Over $25M Term Life Policy ConversionA beneficiary said he has had trouble collecting all of the benefits that should be coming from the converted policy.
February 20, 2026
Lawsuit Accuses Stifel of Mismanaging Its Employees' 401(k)The suit contends Stifel kept two poorly performing funds in the plan for over a decade.
February 19, 2026
Merrill Says Dynasty Reneged On Arbitrating Dispute Over Mega-TeamMerrill has accused Dynasty, Schwab and former senior employees of raiding a $129 billion unit to start an RIA.
February 18, 2026
Ex-NFL Player Convicted in $197M Medicare FraudJoel Rufus French was found guilty of selling patient information and sham doctors' orders for orthotic braces.
February 17, 2026
Pacific Life Sold Complex IUL Policy as Retirement Strategy: LawsuitTwo retirees say they were induced to liquidate $1.5 million in savings to purchase an unsuitable insurance product.
February 17, 2026
4 Big Cases to Watch in 2026: SEC RoundupThese "sleeper" cases will set the rules of the road for years to come.
February 13, 2026
SEC Bars Ex-Wells Fargo Advisor in Prison for FraudKenneth A. Welsh, accused of stealing nearly $3 million from clients, was sentenced last July to 3.6 years.