Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
Judge Throws Out RIA's Poaching Suit Against Cambridge
By Jeff BermanColonial River Wealth Advisors alleged the BD helped an advisor poach back her clients after selling the firm.
July 25, 2023
Ex-UBS Advisor Says Firm Fired Him Over His DepressionThe wirehouse failed to reasonably accommodate his treatment, according to a lawsuit.
July 24, 2023
Advisor Fights SEC in Annuity Switching CaseJeffrey Cutter didn't violate the Advisers Act because he was acting as an insurance agent, his lawyers argue.
July 21, 2023
Prudential Overcomes Federal Appeal in Annuity Design CaseCase documents show how firms created and presented a product proposal.
July 20, 2023
Appeals Court Sides With Aon in Lowe's 401(k) SuitPlaintiffs objected to the firm selling one type of service to the plan while providing another.
July 20, 2023
Ponzi Schemer Who Got Trump Clemency Charged in New Fraud CaseEliyahu "Eli" Weinstein and four others were charged with defrauding more than 150 investors of $35 million.
July 18, 2023
Gundlach Tangles With Ex-Partners Over Value of DoubleLine StakesThe drawn-out litigation is one of several recent spats among mega alternative asset managers.
July 17, 2023
JPMorgan Broker Suspended for Not Disclosing Kidnapping ChargesThe broker was charged with kidnapping a child and threatening a crime resulting in death or bodily injury.