GWG Holdings and its bond issuance have been at the center of bankruptcy, litigation, and more. This is InvestmentNews' complete coverage.
Todd Bryant, CFP®, ChFC®, CLU®, AIF®, shares his firsthand experiences navigating clients through the complexities of firm consolidation in the financial advisory industry. Drawing on lessons from major mergers and personal transitions, Bryant emphasizes the enduring importance of trust, transparent communication, and personal relationships in ensuring client confidence and satisfaction during times of change.
appeals court has thrown out Neil Cole’s fraud conviction, raising the bar for government prosecutions in financial reporting cases.
A Texas judge dismisses fraud claims against a California fund manager after a high-stakes real estate joint venture falls apart.
A failed cannabis venture lands in bankruptcy court after fraud, SEC action, and millions in investor losses.
Wall Street firm alleges Matthew Madera violated agreements by calling clients on personal phones after departure.
The regulator alleges Srinivas Koneru fabricated performance metrics for his trade finance platform to secure approval for a merger that enriched him while investors lost nearly everything.
Lawsuit claims Wall Street banks misled investors as stock tumbles to half IPO price.
Axos Financial’s $15.2 million trading loss exposes gaps in risk controls and due diligence after a major clearing firm acquisition.
Investor lawsuit targets SEC and top market makers for alleged algorithmic price manipulation in U.S. securities markets.
Citadel and Virtu are accused of using rapid spoofing tactics to drive down Genius Group stock prices and profit from short trades.
Previously affiliated with Woodbury, the multi-generational team led by cousins Matthew and Christopher Callero are joining Cetera's tax and accounting specialist community.
Texas’ highest court says shareholders can’t sue fund advisors directly – claims must go through the trust, not individual lawsuits.
A federal court has affirmed prison time for a Puerto Rico promoter who ran a multimillion-dollar Ponzi scheme targeting investors.
Suit alleges founders withdrew millions while 340,000 investors lost access to crypto assets.
The SEC accused Joshua Goltry of defrauding investors of at least $3 million as he brazenly misrepresented past performance and fabricated account statements, among other misdeeds.
Wyoming fund claims Illinois operator sold unregistered securities with fabricated financials for Wisconsin facilities.
Lawsuit alleges Thomas McDonough and TJM Capital promised debt-free distributions, then secretly tied investor funds to loans for another business.
A banned advisor ran a financial firm and pocketed millions. The court just handed down a tough sentence.
Mineral venture promised mining fortunes and 120% returns. Investors now allege nothing was real.
