Erick M. Ruiz raised millions through merchant cash advance agreements promising 10% monthly returns before federal regulators stepped in.
The California firm invested $160 million in client money to close a deal that benefited itself.
Their manuals claimed no violations. Their contracts said otherwise.
Nine-year delay dooms firefighters' attack on how Kenneth Moelis controls his investment bank.
Nineteen shell companies, false FINRA filings, and one costly mistake. Here's what went wrong.
Two trading firms lost over $1B in managed assets. Why they can't sue Wall Street.
Court allows lawsuit to proceed against trustees accused of pocketing redemption proceeds while investors wait.
Sold his stake for $3.4M, then $40M PE deal valued it at $80M. Court splits on director duties.
A federal appeals court just handed advisory firms a major loss in their fight to stop advisors from walking out the door with clients.
