Law and legal issues

The ruling bolsters firm’s bid to push employees into private arbitration system. The advisor intends to appeal.

The developing spat pits two RIA titans and former business partners against one another.

A lawsuit filed by an ex-client was granted class action status after the firm failed to keep the dispute out of court.

Researchers from top business schools studied arbitrator selection, as shown in nearly 9,000 cases filed by clients over a 27-year span.

For advisors that make a claim of misconduct the deck appears stacked in favor of the employers.

Clients have filed hundreds of similar claims against UBS since 2013, with aggregate damages of $2.6 billion.

While it may be unnerving, a notice of an examination doesn’t necessarily mean defeat.

A petition to vacate the award was denied by a federal judge.

A Florida court will hear a client’s claim that the firm charges processing fees that had ranged as high as 10 times more than the stated purpose: transaction and clearing costs.

The relationship disintegrated because of a dispute about where to best place client trades.

Advisor Brian Chilton’s $844,000 arbitration award could herald more losses for the firm.

It’s at least the fifth time this year that the bank is suing a former advisor for allegedly violating a non-solicitation agreement.

Earlier this year, Jason Kirkland was recognized for his “many contributions” to the firm.

Can FINRA suspend the advisor’s license?

A former employee suing the firm for racial discrimination says he was not properly notified of changes in how Morgan resolves disputes.

The firm had sued a former $660 million team that moved in September to Stifel.

The Supreme Court recently reversed an appeals court ruling on what constitutes “money remuneration.”

The bank’s effort to show that the advisors violated non-solicitation agreements was “far from persuasive, never mind conclusive,” the judge ruled.

The advisors also reject the wirehouse’s claims they violated non-solicitation agreements.

The firm claims it is also missing important documents related to a large institutional client.