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.
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.
The CFTC alleges Brian Mitchell guaranteed investors 6-10% monthly returns while barred from the industry.
After a multi-state court fight and allegations he was "phased out of work" for younger advisors, Glenn Frank and Hightower told an Illinois federal judge they’ve reached the framework of a settlement.
The Labor Department's decision to abandon the Retirement Security Rule likely ends years of litigation, signaling a pivot away from expanded protections for retirement rollovers.
Edelman claims a departing advisor emailed clients about the RIA's “fourth CEO transition in seven years” to sway them toward Prime Capital as part of an alleged poaching strategy that continues today.
M Holdings' failure to maintain written policies led to a third-party breach that compromised multiple email accounts and impacted 8.500 individuals, according to the regulator.
A.G. Morgan Financial Advisors and two executives recently lost four FINRA arbitration cases brought by their clients.
