The adviser-owned independent broker-dealer is in “serious discussions” to be acquired by a larger firm, with LPL, Cambridge, and others as potential suitors.
Conservatives and liberals alike have stepped up criticism of the brokerage industry regulator.
Robert A. Stanger & Co. critical of proxies firm has sent out in preparation for possible consolidations.
Robert Froehlich says fact that both acquiring REIT and REIT being acquired have same CFO is a 'manifest conflict of interest.'
Decision paves way for its biggest asset, Cetera Financial Group, to emerge as a privately held company.
Anthony Diaz, under federal indictment for fraudulent sales of alternatives, embodies the criticisms of the likes of Sen. Elizabeth Warren.
Latest lawsuit alleges widespread misuse of investor funds abetted by the brokerage firm.
Clients accused Lee Weiss of recommending an unsuitable investment in a Polish tobacco company.
National Holdings Corp. said it reached an agreement to be acquired by Fortress, a biopharmaceutical company.
