Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Widow Sues Fidelity Over Husband's Account in Beneficiary Designation Case
By Dinah Wisenberg BrinLeslie McCarthy contends that her late husband planned to share the account with her.
June 25, 2025
Ex-Advisor Gets 8 Years for Bilking Clients, Widowed AuntScott Mason of Pennsylvania had pleaded guilty to misappropriating $17 million.
June 25, 2025
Appeals Court Sides With Beneficiary in Guardian Life SuitGuardian waived its right to cancel coverage by continuing to accept premium payments for years, a 5th Circuit panel ruled.
June 23, 2025
Advisors Sue Focus Financial Over 'Staggeringly Overbroad' RestrictionsEnforcement of the covenants would essentially bar the advisors, who resigned, from continuing in the industry, they argue.
June 18, 2025
Trouble in Margaritaville: 7 Reasons Estate Plans Go AwryThe legal fight over Jimmy Buffett’s $275 million estate offers lessons for all of us.
June 16, 2025
Tech Integration Helps Orion Clients Claim Class-Action PaymentsThe 11th.com platform automatically connects clients with lawsuit settlements they're eligible for.
June 13, 2025
Supreme Court Favors IRS Over Tax CourtThe ruling may reduce the ability of taxpayers to get cash back from the IRS quickly.
June 12, 2025
New York Tax Preparer Charged in $50M Fraud SchemeMiles Burton Marshall, arrested Monday, allegedly stole from nearly 1,000 investors in a decades-long scam.