Crime and misconduct

In a tense back and forth with lawmakers, the embattled CEO pushed back on claims that the bank still pressures employees to hit sales targets and retaliates against those who speak up.

Ex-advisor Dawn Bennett, who allegedly dabbled in voodoo-type witchcraft, was found guilty by a federal jury of defrauding investors.

Darrell Smith stole $2.4 million from his clients to fund bio-energy companies.

The scheme involved paying cash kickbacks to a former Barclays and Stifel advisor who worked on the wealth syndicate desk.

More trouble for the embattled company.

Investment firm blamed fat finger error for 90% decline when losses were really due to poor trading.

The client relationship manager is now on a leave of absence, according to Merrill.

It is the latest example of how companies are facing pressure to discipline individuals who have abused their position to obtain sexual favors or committed acts of violence and bullying.

The funds allegedly paid for summer camp fees and a 1976 Corvette.

Many of the employees who were dismissed worked in the firm’s brokerage unit, according to the allegations.

Merrill Robertson Jr. had previously been sentenced to 40 years in prison in a separate criminal case.

The bank is said to have been aware of the accusations for years.

The broker belonged to Morgan Stanley's Chairman's Club, a group reserved for the elite among the firm's advisor ranks.

Massachusetts is probing whether the firm's wealth management unit steered clients toward inappropriate investments and high-cost accounts.

The stolen funds allegedly went to pay for college expenses and credit card bills, according to federal prosecutors.

Texas securities watchdog derided the advisor for not considering the costs associated with an equity trading strategy he employed for certain clients.

The stolen funds went to pay for his daughter’s college expenses and to reimburse other clients, according to federal prosecutors.

The former Edward Jones broker wanted to get back at his competitor for stealing a client.

Investigators say the broker spent his clients’ money on luxury cars and home improvements.

The convicted fraudster allegedly stole more than $270,000 from his victims, including his mother and ex-girlfriend.