Judge rules that John Lockette was bound by a company policy requiring employees to arbitrate all claims.
Accounting scandal from 2014 could wind up costing shareholders 75 cents per share, analyst says.
Many of them previously worked at A.G. Edwards, the firm founded by the great-great-grandfather of Benjamin F. Edwards & Co.'s CEO.
The wirehouse has felt blowback from the bank's scandals in the form of lost advisers and assets. But is the tide turning?
Action comes as SEC continues crackdown on low-priced securities.
New deal takes direct aim at such rivals as Kestra Financial and Cetera Financial Group.
The agency charged the adviser with lying to dozens of investors about returns.
Louisville adviser Mark Lamkin was terminated by LPL, in part for failing to disclose outside business activities.
Activities cited include suspicious trading, questionable transfers, and potentially false and misleading statements.
The SEC charged Frost with fraud earlier this month.
