Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Ameriprise Data Breach Affected Nearly 48,000
By Dinah Wisenberg BrinTwo lawsuits sparked by the March incident have been dropped, court records show.
April 17, 2026
Barred Oregon Broker Accused of Stealing Over $1.6M From ClientsJeffrey Thomas Higgins is charged with selling clients' stock and taking the proceeds over roughly 17 years.
April 16, 2026
Murder or Insanity? Ex-LPL RIA Employee Faces Next Phase of TrialRamy Fahim, formerly of Pence Wealth Management, admitted to killing a co-worker and the co-worker's roommate.
April 14, 2026
Man Who Extorted His Financial Advisor Loses U.S. CitizenshipThe Italian-born man held the advisor at gunpoint after discovering he was running a Ponzi scheme, DOJ said.
April 09, 2026
Ex-LPL RIA Worker Pleads Guilty in Double MurderA jury trial will determine if the defendant was legally sane when the victims were slain in 2022.
April 03, 2026
Ex-Edward Jones Advisor Pleads Guilty in Nearly $10M Fraud CaseEijroghene Okuma siphoned funds from an elderly client over three years, prosecutors say.
April 03, 2026
CFTC Sues States Over Prediction Markets in 'Unprecedented' MoveCFTC is asserting federal authority over these fast-growing markets with lawsuits against Illinois, Connecticut and Arizona.
April 02, 2026
Double Murder Trial Set to Start Friday for Former LPL RIA EmployeeThe defendant is accused of fatally stabbing a co-worker and the co-worker's roommate.