Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
'Roaring Kitty' Sued for Securities Fraud Over GameStop Rise
By Christian BerthelsenThe proposed class action against Keith Gill accuses him of misrepresenting himself as an amateur investor.
November 16, 2020
Advisor Hunted by FBI Now Faces SEC ChargesThe advisor, missing since September, also faces a class-action suit and an IRS investigation.
October 14, 2020
Fake N.J. Advisor Indicted for $2.1M ScamThe defendant promised his clients 25% returns, prosecutors say.
August 09, 2018
Ex-Morgan Stanley Lawyer Alleges Retaliation After Raising Corruption ConcernsThe case, previously unreported, already is teeing up novel legal issues.
March 16, 2017
For Fiduciary Rule, Morningstar Sees Up to $150M in Annual Class Action SettlementsLabors estimate of compliance costs for individual large financial firms is low, Morningstar says.
August 03, 2015
PPACA World: Where’s the litigation?A Manatt Phelps health care defense lawyer says he's not yet seeing much activity.
August 03, 2015
PPACA World: Where’s the litigation?A Manatt Phelps health care defense lawyer says he's not yet seeing much activity.
July 02, 2014
New Hire Roundup: SEC Adds 2 Judges, 3 AttorneysAlso in new hires, Nuance Investments welcomed Chad Baumler as portfolio manager.