Law and legal issues

The bank criticized the jury for "accepting to the penny" the family's legal team's invitation to award the $8 billion without doing any independent analysis.

An hour after Jennifer Sharkey was awarded $1.13 million in damages, the judge said she'll likely order a new trial if the two sides don’t reach a settlement because the verdict is "substantially flawed."

Jurors in New York federal court awarded Jennifer Sharkey $563,000 in back pay and $563,000 for emotional damage.

The award marks the largest of its kind this year.

FINRA rejected the advisor's claims as the firm resolved two longstanding compliance issues.

Lies about being in contact with clients were the real reason the whisteblower was fired, according to a defendant and key witness for the bank.

A former vice president in the private wealth management group claims she was fired for investigating suspicions that a client might be involved in fraud or money laundering.

"This bill is a giant wet kiss to Wall Street,” Senator Elizabeth Warren says.

Advisors should address client issues in-house, which sometimes means taking a hard look at supervisory controls, regulators say.

Authorities say increased regulatory coordination has boosted scrutiny of firms and advisors.

The bank is embroiled in consumer spats over unwanted car insurance, mortgage lending and overdraft fees.

Stockholders had alleged “false and misleading” financial statements.

The storm devastated Puerto Rico, which has seen a surge of client complaints.

In recruiting more women and minorities, the regulator aims to reshape its homogeneous roster of arbitrators.

The firm, which has faced racial discrimination allegations, is trying an alternative approach suggested by a professor at Harvard.

The impartial conduct standards have boosted clients’ chances, a longtime arbitrator says.

The advisor used the money on cars and gambling in the latest Ponzi-like scheme, investigators say.

The defendants profited more than $3 million by trading before and after mergers and acquisitions were announced, according to U.S. prosecutors.

Attorneys are preparing written objections to the settlement, which they may file in the next 15 to 30 days.

The SEC's June 2016 settlement with Merrill Lynch was one of its biggest cases of the year by dollar amount.