California
Get the latest news and insights on California's financial regulations, enforcement actions and litigation.
Wealth Tax Bill Gets Hearing in California
By John ManganaroThe bill would tax residents' "worldwide net worth" of $50 million or more, with some exceptions.
December 18, 2023
10 Worst Financial Advisors in America: 2023While most advisors make clients' lives better, others stand accused of financial crimes — and worse.
November 09, 2023
BofA Accused of Aiding Elder Financial AbuseA woman with a Merrill account claims scammers took $690,000 from her after she visited a California branch of the bank.
October 31, 2023
Wells Fargo Sued Over Customer's Missing JewelryA Los Angeles resident accuses the bank and other defendants of stealing at least $32,000 in valuables.
October 17, 2023
Clients Sue Chase Over $1M in Missing CD FundsA mother and son contend they never received mailed checks from Chase totaling nearly $1.2 million.
October 12, 2023
Allianz Life Faces Annuity Owner SuitThe plaintiff says the insurer should have explained why it cut off ties to her advisor.
September 22, 2023
Yes, Homeowners Insurance Is Your ConcernFor many high-net-worth clients, this has suddenly become the top financial headache.
September 06, 2023
10 California Life, Health and Annuity Bills to WatchOne could affect how the SEC regulates annuities in your state.