California
Get the latest news and insights on California's financial regulations, enforcement actions and litigation.
Consumer Groups Attack Annuity Bill in California
By Allison Bell"It feels like the fix is in" on an NAIC model-based bill, the director of one group said.
December 19, 2023
Genworth Sued Over Notice Sent to Insured With Cognitive ImpairmentThe plaintiff asserts that use of a benefits change form amounted to financial abuse of an elder.
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.