Litigation
Get the latest news and insights on litigation affecting financial advisors and the broader financial services industry.
SEC Bars Ex-LPL Rep Who Pleaded Guilty to Witness Tampering
By Jeff BermanFINRA already barred the ex-broker, who also pleaded guilty to fraud and identity theft last year.
November 16, 2022
FTX and Star Backers Including Tom Brady, Steph Curry Sued by InvestorThe investor claims FTX used celebrities to promote the exchange's unregistered securities and funnel investors into a Ponzi scheme.
November 15, 2022
Jury Convicts Ex-Broker Who Lived Lavish Lifestyle Instead of Paying TaxesJames Millegan concealed millions of dollars from the IRS, according to court documents.
November 15, 2022
Goldman Sachs Paid Over $12M to Bury Partner's Claim of Sexist CultureThe confidential payment is likely among the biggest of its kind on Wall Street, where firms use deep pockets to prevent accusations of from becoming public.
November 12, 2022
Ex-Broker Pleads Guilty To Stealing $500K From ClientsJennifer Campbell, 47, faces a maximum penalty of 20 years in prison and a $250,000 fine.
November 08, 2022
Ex-Advisor to Pay $314K for Preparing False Tax ReturnsThe IRS filings included fake charitable contributions, unreimbursed business expenses and business losses, costing the government over $300,000 in tax revenues.
November 08, 2022
Kim Kardashian Poised to Beat Investor Suit Over Crypto HypeKardashian settled without admitting or denying SEC allegations and agreed to refrain from touting any more digital assets for three years.
November 07, 2022
Feds Score $3B Crypto SeizureProsecutors seized almost $3.4 billion in Bitcoin from a property developer who scammed the dark web marketplace Silk Road.