Lawsuits

The bank’s star recruit, a veteran advisor to famous authors, financiers and professional athletes is not happy about what she alleges is 'poaching.'

Avantax Wealth Management says it had to cancel its advisor event because of COVID. But the Nashville resort that planned to host the meeting says it’s still owed $1.3 million, despite the circumstances.

In early September, a California jury awarded former Edward Jones broker Dalas Gundersen $30 million in damages for defamation from the firm, nearly $9 million more from the two ex-colleagues.

Breaking ties with your firm can be a smooth transition with no hitches in business, or a daily struggle that requires years in the courtroom. Here's how to navigate the path, no matter where it takes you.

While the pandemic slowed down investigations and court cases, state regulators continued to chase financial scamsters, data shows.

From compliance to the Broker Protocol, advisors should understand their obligations and restrictions before they make a move.

Cresset added five more advisors to the previous 10 that the megabank claims a founding partner recruited in violation of the terms of his resignation.

Plaintiffs claim the firm’s high cash allocations juiced revenue for Schwab at the expense of client performance.

The Salt Lake City broker-dealer, under scrutiny by regulators over its exorbitant fees and seizure of client money, lost a court battle seeking to force regulator FINRA to deal with it in person.

Carrie Tolstedt invoked her right to remain silent about allegations she misled bank customers.

The bank says plaintiffs cannot connect instances of identity theft or fraud to incidents at the bank, giving the case no standing.

The San Francisco data aggregator has committed to minimizing how much data it extracts from bank accounts.

Two representatives in a New Jersey office made lewd comments and created a hostile work environment, the former employee says.

Beverley Schottenstein steps back into legal combat against her grandsons — two brothers — after a deal to hash out an agreement over their mishandling of her $80 million fell apart.

This likely means an ex-diversity chief from the firm will no longer be able to testify in a class action lawsuit with similar allegations, according to a legal expert.

The company didn’t look into the incident carefully before firing Amy Cooper the following day, the suit says.

The advisor, who is Egyptian American, lost most of his client accounts to a white rep who poached them with support from management, a new lawsuit claims.

After Brooklynn Chandler Willy recommended that the clients invest $100,000 into an LLC, its principals were arrested on federal fraud charges, the filing says.

The litigation reveals how wealth managers’ deals with product sponsors work and how one with a former Voya unit went awry.

The legislation re-introduced in Congress could give more clients the option of seeking damages through the courts.