Law and legal issues

The agency's goal of trying to recover client losses allows advisors accused of fraud to decide who'll manage their clients’ remaining assets.

The discount brokerage says the advisor’s primary duties after his notice of resignation were to “make himself available” to help transition his clients to other brokers.

The document further complicates an ongoing lawsuit that has already led to lost revenues at the leading turn-key asset management platform.

Due to a 2010 FINRA rule change the answer is — with difficulty.

Claims and counterclaims fly as arbitration panel orders an advisor to repay $1.66 million in promissory notes, but that's not the last word in this nearly five-year long dispute.

A pastor was falsely arrested for check fraud because of errors made by Wells Fargo employees. Now, he may be forced to resolve legal claims against the bank in arbitration.

John VanEngelenhoven, who had worked at Schwab for 14 years, custodies with rival TD Ameritrade at the new firm.

One of the clients who filed the claim is still trying to withdraw money from non-traded investments he says were never explained to him.

Clients who outlive their retirement savings are among those most at risk.

Advisor Andy Saeger reportedly reached out to two clients via email and a LinkedIn message.

The then 61-year-old employee says she got written warnings for infractions while younger colleagues went undisciplined.

Allegations rose amid multiple multimillion-dollar donations while the company’s CEO sits on MIT’s board.

Critics reject the notion that disclosure alone is sufficient for reigning in conflicts — but the charges against Commonwealth have put BDs on notice.

Prosecutors said Robert Shapiro used investor money for his $6.7 million home and $3.1 million for chartering planes and for personal travel.

The firm's most recent lawsuit over alleged non-solicitation violations centered on an advisor's thank-you cards to clients.

A barred and terminated former Securities America advisor’s conduct was “appalling, reprehensible and evil,” according to a federal judge.

FinApps has filed a lawsuit that claims the data aggregator swiped its proprietary software, according to its lawyer Marc Kasowitz.

An RIA owner accused the custodian of aiding his chief compliance in setting up a competing firm.

This is how the firm tried to make sure no one knew.

The bank will pay $1.25 million for alleged supervisory failures.