DoJ

The Justice Department filed two counts of wire fraud against the firm but agreed to defer prosecution under a three-year deal that requires the bank to report its remediation and compliance efforts to the government.

After the client died at age 98, the advisor allegedly moved on to bilk another elderly investor, authorities say.

The acquisition, set to close later this year, will create a behemoth among custodians.

The Justice Department’s antitrust division has signed off on the takeover without requiring any changes, according to a person familiar with the matter.

The advisor had been previously arrested at the airport prior to boarding a flight.

The settlement marks the bank’s largest yet from a series of scandals that claimed two chief executive officers.

He used client funds money to pay for massages, jewelry and to shore up his wife's failing pet store.

The advisor was charged with overbilling clients by hundreds of thousand of dollars and diverting millions from the company’s payroll to his own account.

Following a plea agreement, Bradley Mascho is sentenced for his role in defrauding investors of more than $20 million.

Over a nine-year period, he allegedly defrauded clients of more than $2.1 million.

The once high-profile RIA owner ran a $20 million Ponzi scheme, federal prosecutors said.

Dennis Gibb used client funds to pay for his own business and personal expenses, such as mortgage and car payments.

Bonds were sold to build a development with a water park and Venice-style bridges. Now a Florida community is going bankrupt.

Chuck Person persuaded student-athletes to form illegal business relationships with at least one financial advisor.

The advisor and his alleged co-conspirators made $5 million in illicit profits off misappropriated information, according to prosecutors.

The company said it might have to spend as much as $2.7 billion to resolve a variety of investigations and other legal troubles.

Forty-seven investors, some over the age of 63, were among the victims.

Thomas Buck misled clients in order to charge them excessive commissions, according to federal prosecutors.

The former broker bilked more than a dozen former clients over an eight-year period, prosecutors said.

The SEC has cited concerns about manipulation as a top worry that must be addressed before it approves a bitcoin ETF.