Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Amerprise Sues LPL Over 'Shocking' Recruiting Tactics
By Melanie WaddellThe firm accuses LPL of "systematically" directing its recruits to take confidential client information.
July 25, 2024
Client Sues Creative Planning for Missing Roth IRA ConversionThe retiree contends Creative Planning suggested annual Roth conversions, then failed to make one.
July 25, 2024
Brighthouse Asks Court for Help With Annuity Tied to Murder CaseProsecutors have charged the beneficiary with providing the gun the owner used to kill herself.
July 23, 2024
Wells Fargo Profiled Customers, Fired Banker AllegesThe bank retaliated, Thomas Davis claims, after he reported that managers wanted prospects assessed by race and appearance.
July 16, 2024
Ex-Broker Charged With Bank Robbery Released on BondScott Tunis admitted to robbing a bank with a fake bomb after his 2022 arrest, records show.
July 15, 2024
What The Biggest Financial Frauds Can Teach UsSchemes can happen in plain sight though conduct that's largely legal.
July 15, 2024
California Advisor Charged With Child Porn PossessionThe advisor pleaded not guilty on Thursday.
July 12, 2024
DOL Fiduciary Rule Mania: What's Happening and Where It's HeadedLawmakers and opponents of the rule are piling on, but lawyers urge advisors to keep pace with compliance.