Lawsuits

Production companies claim fraudsters bilked them out of $3.5 million under the bank's watch.

The lost assets represent a big hit to the firm’s operations in the small Missouri town where the advisor was based, ex-employer claims.

Lawsuit claims woman advisor was denied revenue opportunities and administrative support amid an alleged climate of harassment and discrimination.

Standard General accused Tusk Strategies of “blanketing the media with false and misleading proxy materials” on behalf of a “secret client.”

XY Planning Network and coalition of states are asking court to overturn advice regulation they say holds brokers to lesser standard.

Stipulated agreements by BDs and advisors looking to fast-track the arbitration process are becoming increasingly common.

A client's lawsuit claims the snafu caused users of its app “to miss out on some of the highest single-day market gains in recorded history.”

The client, Moises Cosio, is a filmmaker and the scion of a Mexican banking and real estate fortune.

Five years of alleged promises, checks that never arrived, and a mysterious employee named “Tryg Nederloe” add up to a bizarre saga with wide ramifications.

The major custodian lost its second arbitration case — with even more filings likely — over the services it provided to a brokerage later proved to be engaged in massive fraud.

The wealth manager claimed bank management knew a customer had a history of sexual harassment, but allowed him to continue doing business at the branch anyway.

The settlement would apply to advisors who participated in the firm’s deferred-compensation plan from February 2011 through January 2020.

FINRA blocked the influential advisor and wealth management entrepreneur on one case, but an arbitrator backed him on another.

The advisor switched firms only to see his new employer close shop 18 months later.

The bank was accused of infringing on another firm's patent for a mobile deposit system.

Funds that track custom-built indexes often seek exposure to securities based on factors like ESG and strategies that would typically be actively managed.

The advisors had won $1.6 million in back pay and fees in a case decided last month.

Judge temporarily barred the advisor from soliciting former clients ahead of a FINRA arbitration hearing.

The bank has filed similar lawsuits this year over alleged non-solicitation violations against advisors who departed for competitors.

The cases allege unsuitable recommendations of LPs issued by affiliates of GPB Capital, which faces multiple investigations.