Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Genworth Sued Over Personal Data Exposed in MOVEit Hack
By Allison BellThe breach may have exposed personal information, including Social Security numbers, of about 2.5 million Genworth clients.
August 30, 2023
Ex-Morgan Stanley Exec Says He Was Fired for Being WhiteIn a lawsuit, Kevin Meyersburg alleges that the wirehouse replaced him with a less-qualified Black woman.
August 30, 2023
Schwab, TD Ameritrade & Fidelity Sued for Selling 'Fictitious' SharesAn EV maker claims a group of brokerage firms and broker-dealers damaged the carmaker's stock price.
August 29, 2023
Why the Bitcoin ETF Ruling Is a Big WinBitcoin ETFs could account for up to 10% of the cryptocurrency's market value in three years, says Sanford C. Bernstein.
August 29, 2023
Court Paves Way for First Bitcoin ETFA three-judge appeals panel in Washington overturned a previous decision by the SEC blocking the Grayscale ETF.
August 29, 2023
TD Ameritrade Hit With Class-Action Suit Over MOVEit HackThe suit was filed with less than a week to go before all TD client accounts move onto the Charles Schwab platform.
August 28, 2023
Ex-Broker Appeals Life Sentence for Crimes Tied to Death of ClientThe former broker's attorney filed a notice of appeal tied to the sentence, alleging the Justice Department "overreached."
August 27, 2023
Groups Move to Support Advisor in Annuity Switching CaseThe SEC alleges that the annuity replacement scheme caused some clients to incur $640,000 in surrender charges.