Litigation

The firm agreed to “remove language that formed the basis of the alleged misrepresentations."

Recent lawsuits highlight the unpredictable nature of litigation in a post-Broker Protocol world.

Is there a lesson for other advisors considering a career change?

Frederick McDonald Jr. is accused of failing to disclose key risk factors regarding the complex world of the cannabis manufacturing industry.

The requirement is back in the spotlight as consumer advocates and business interests face off on proposal to outlaw this key provision of customer agreements.

The advisors joined a former colleague at Steward Partners, an independent firm affiliated with Raymond James.

The case could bring unwelcome scrutiny of Wall Street's compensation and employment practices.

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.

The IBD network’s parent repurchased the majority of Dr. Phillip Frost’s shares just before the SEC filed proposed settlements of its pump-and-dump case.

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

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

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

It’s the second big loss for Credit Suisse, which is fending off dozens of claims from former brokers claiming their compensation was withheld.

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.

A lawsuit filed by an ex-client was granted class action status after the firm failed to keep the dispute out of court.

Researchers from top business schools studied arbitrator selection, as shown in nearly 9,000 cases filed by clients over a 27-year span.

For advisors that make a claim of misconduct the deck appears stacked in favor of the employers.

A petition to vacate the award was denied by a federal judge.