Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Texas Advisor and Radio Host Faces New Charges in Federal Fraud Probe
By Dinah Wisenberg BrinA judge released Brooklynn Chandler Willy on a $40,000 bond days after the charges were filed.
February 04, 2025
Groups Sue Treasury Over DOGE Access to Social Security Payments"The scale of the intrusion into individuals’ privacy is massive and unprecedented," two unions and a retirees' group say.
January 31, 2025
Advisor Pleads Guilty to Taking $17M From Clients, Including His AuntScott Mason, former Rubicon Wealth Management president, could face up to 80 years in prison.
January 28, 2025
Mariner CEO Personally Called Planner, Edelman Says in Poaching SuitMariner requested Edelman's non-solicitation agreement and advised the planner on how to defend against a lawsuit, Edelman contends.
January 27, 2025
Raymond James Gets Restraining Order Against Ex-Intern Accused of DefamationThe court barred the former intern from going within 100 yards of firm offices and two employees.
January 27, 2025
Appeals Court Sides With Equitable in NY Universal Life CaseSurrendering a policy affects whether the owner can collect damages, the top New York court says.
January 24, 2025
Judge Dismisses Hollywood Managers’ Suit Against Goldman, Focus FinancialThe managers claimed Goldman misled them about Focus’ $7 billion acquisition, spoiling their own efforts to be acquired.
January 23, 2025
Debate: Does ESG Investing Breach Plan Sponsors’ Duty of Loyalty?A Texas court found that American Airlines' plan erred by including environmental, social and governance factors.