Securities America Faces $18 Million Lawsuit Following Former Advisor’s Cop to Ponzi Scheme
In late February 2019, former music industry executive Robert Jamieson and his family sued their former broker, Hector A. May,…
Read MoreMonth: March 2019
WADDELL & REED CHOICE FINANCIAL ADVISORS MAY HAVE CLAIMS ARISING OUT OF THE CLOSING OF W&R OFFICES
Recently, Waddell & Reed, Inc. announced it would be closing all of its offices by the end of 2020, forcing…
Read MoreMANDATORY FINRA ARBITRATION- IS THE END IN SIGHT?
In the seminal, 1987 decision of Shearson v. McMahon, the U.S. Supreme Court decided that pre-dispute agreements to arbitrate securities…
Read MoreArbitrator, Not the Federal Court, Must Determine Arbitrability In Presence Of Delegation Clause according to U.S. Supreme Court
Justice Brett M. Kavanaugh, in his inaugural opinion as a U.S. Supreme Court member, vacated and remanded the federal court’s…
Read MoreWells Fargo Woes Continue: Firm Reportedly Discussing Settlement With DOJ and SEC
As the latest in the seemingly endless flow of regulatory problems at Wells Fargo, the firm is reportedly engaged in…
Read More