Southern District of New York Judge John F. Keenan determined that the 400,000 investors in the lawsuit will receive $40 million. The case, filed in 2002, originally sought $645 million in damages.
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The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
6h ago -
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
9h ago -
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
11h ago -
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
April 26 -
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
April 25 -
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
April 25