Tez Romero

Tez Romero is a legal affairs writer at InvestmentNews, covering litigation, regulatory enforcement, and compliance matters that directly affect financial advisors, wealth managers, and investment firms across the United States. Her reporting spans SEC fraud actions, shareholder lawsuits, advisor non-solicitation disputes, employment litigation, and investor fraud cases involving wirehouses, registered investment advisors (RIAs), and alternative investment firms. Among the firms and regulators she has covered are Franklin Templeton, Wells Fargo, TIAA, FS KKR Capital, and Apollo Global Management.

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Tez Romero
Displaying 77 results
Investors sue Goldman, Morgan Stanley and 11 banks over Via IPO
REGULATION, LEGAL & COMPLIANCE JUN 10, 2026
Investors sue Goldman, Morgan Stanley and 11 banks over Via IPO

They say the offering hid two facts before the stock cratered nearly 70%.

Foreign investor sues Florida EB-5 sponsor, alleges he was left empty-handed after $72M sale
REGULATION, LEGAL & COMPLIANCE JUN 04, 2026
Foreign investor sues Florida EB-5 sponsor, alleges he was left empty-handed after $72M sale

The building sold for $72 million - he says his $550,000 never came back.

SEC sues Texas man over alleged $12.3 million AI crypto scheme
REGULATION, LEGAL & COMPLIANCE JUN 01, 2026
SEC sues Texas man over alleged $12.3 million AI crypto scheme

He swore the bots were real, the FDIC had it covered - the SEC says neither was true

Florida investor hits real estate syndicator with fraud suit over $750K
REGULATION, LEGAL & COMPLIANCE MAY 20, 2026
Florida investor hits real estate syndicator with fraud suit over $750K

Six apartment deals, one "big account," and $2.7M in undocumented insider loans. Now the lawsuit lands

Shareholder sues FS KKR Capital board, alleges NAV and dividend cover-up
REGULATION, LEGAL & COMPLIANCE MAY 13, 2026
Shareholder sues FS KKR Capital board, alleges NAV and dividend cover-up

Shareholder targets FS KKR Capital's directors over alleged portfolio valuation and dividend missteps.

Wells Fargo auditor sues over revoked remote-work accommodation for MS
WIREHOUSES MAY 12, 2026
Wells Fargo auditor sues over revoked remote-work accommodation for MS

Four years of approved remote work, gone in one email, the auditor alleges

SEC accuses Reign Financial, Berone Capital of $26 million investment fraud
REGULATION, LEGAL & COMPLIANCE MAY 11, 2026
SEC accuses Reign Financial, Berone Capital of $26 million investment fraud

A $4 million AUM adviser allegedly spent hedge fund cash on a Rolls and Hawks tickets.

Walton funds sue repeat SEC target over mini-tender offers to investors
REGULATION, LEGAL & COMPLIANCE MAY 11, 2026
Walton funds sue repeat SEC target over mini-tender offers to investors

Walton says $6.25 and $3.25 offers blindsided fund investors - and wants them stopped.

Investors sue FS KKR Capital over private credit, dividend disclosures
REGULATION, LEGAL & COMPLIANCE MAY 05, 2026
Investors sue FS KKR Capital over private credit, dividend disclosures

Investors say FS KKR Capital downplayed bad loans while talking up portfolio stability and dividends.

TIAA sues ex-advisor for allegedly chasing clients from a $400M book
RIA NEWS MAY 05, 2026
TIAA sues ex-advisor for allegedly chasing clients from a $400M book

He told TIAA he wasn't soliciting clients. Then three of them called the firm.