Risk

A widow alleged that an imprisoned ex-financial advisor’s enterprise pursued “a malicious campaign” against her after she fell victim to his scheme.

The FINRA order includes allegations relating to the LJM Preservation & Growth Fund, another product sold in large numbers by the industry.

A FINRA arbitration panel awarded former clients of First Allied Securities the full damages they requested in the case.

Barred ex-broker Louis Cook allegedly targeted older adults whose assets he promised to protect for long-term care.

Senior brokers delegated to make compensation decisions systematically favor white men, according to a new lawsuit.

David W. Schamens defrauded clients for $6.8 million in a Ponzi scheme despite being banned by the SEC decades earlier, according to investigators.

Fusion Analytics Securities sold $1.8 million in bonds and collected 8% commissions while making material misrepresentations, the regulator says.

The veteran journalist explains how he has adjusted quickly to a new beat and his plans for the series in future months.

Worden Capital’s barred CEO allegedly had an “oral agreement” with a private placement issuer that he didn’t disclose to the firm’s brokers or its clients.