Lawsuits

Is the advisor suing his current employer — by accident?

Clients have received a combined $3.7 million in settlements involving two barred former reps of the IBD set to be acquired by Atria Wealth Solutions.

Two advisors who joined Alex. Brown after the Deutsche Bank acquisition in 2016 seek to void the FINRA panel's arbitration decision in a court challenge.

Even the best clients in the most appropriate investments can panic when they’re watching their hard-earned savings shrink on a daily basis.

The No. 1 IBD requested that other variable writers “contractually reaffirm their commitments to protecting trails,” an executive says.

Non-public corporate earnings reports were among the stolen information, the regulator claims.

The broker-dealer filed a motion requesting that Jason Kirkland’s lawyer not be allowed to represent him in court.

There are no “alternative facts” in the law, just truth, opinion and lies. Two you can’t sue for. And the third? Well, brokerages are very careful with their words.

Jason Kirkland, a former Baird employee, has sued the firm for allegedly withholding his compensation.

A months-long court fight ended when a judge granted the wirehouse’s request to restrict the advisors’ ability to contact clients.

One of the first RIA aggregators is at the center of a bitter legal dispute.

The payout, to 27,000 victims worldwide, is the third distribution from the $4 billion fund, according to the Justice Department.

The firm alleges the advisors violated a non-solicitation contract, which they have denied doing.

The broker-dealer alleges Jason Kirkland violated company policy, used confidential information and broke his 12-month non-solicitation agreement, among other claims.

Brokerage firms have been filing more lawsuits against former employees over alleged violations of non-solicitation agreements.

A civil filing by an IBD seeks damages for firms and reps “who devoted significant time and resources to building a book of business,” an attorney says.

The case involves allegations of improper use of the 83-year-old investment bank’s trademark and name.

To sway a federal judge, both sides have tried to bolster their arguments by pointing to Facebook, joint production agreements, news articles and more.

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.