Lawsuits

With the federal government standing down, attorneys general from California, New York and Oregon make a late appeal to save the rule.

Kwame Brown has played for teams such as the Los Angeles Lakers and Washington Wizards.

The firm says former employee John Lockette agreed to have disputes heard in a private forum when he did not take advantage of an opt-out provision.

A company’s refusal to hire a candidate because their work authorization papers will ultimately expire “may constitute illegal discrimination,” according to the Department of Homeland Security.

Former CEO Mark Casady disclosed in arbitration testimony what led to the firing that resulted in a $30 million claim against the firm.

The advisor, a former employee, has been soliciting more than two dozen clients at the bank, JPMorgan says.

“Chase promised so many things and they didn’t keep those promises,” the juror said of the firm.

Investors brought a class-action suit against brokerage alleging a "scheme to churn revenue from essentially dead assets."

The firm is asking a judge to dismiss a class action suit and force a former broker into arbitration, instead.

Barry Snyder’s complaint depicts him as a victim of federal investigators and the bank, with both sides threatening to turn on him.

Steven A. Cohen’s firm says a female executive is required by her employment contract to confidentially arbitrate her dispute with the asset manager.

Even after a federal appeals court struck down the rule, more clashes over the regulation of sales versus advice are inevitable.

The $11 billion hedge fund is accused of operating like a “boys’ club” where women were paid less than their male counterparts.

The Department of Labor has an incentive to defend its rule-making authority even though it is considering revisions to the regulation.

Focus turns to the SEC as it considers creating its own higher standard of client care.

Pinnacle Investments tapped Ami Forte despite her ongoing legal struggles with her former firm and Home Shopping Network founder Roy Speer’s estate.

After both firms exited the Broker Protocol, their attempts to browbeat advisors have largely failed, one recruiter argues.

Rival firms like Ameriprise could stand to gain as advisors adapt to new recruiting realities.

A FINRA arbitration panel concluded that the No. 1 IBD made false and defamatory statements in its U5 filings.

"Simply put, the plaintiff here is looking to be paid the same money twice," a spokeswoman for the Swiss firm says.