Credit Suisse Deferred Compensation Update
Over three years ago, on October 20, 2015, Credit Suisse abruptly announced it was exiting the U.S. wealth management business…
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Former Wells Fargo Advisor Wins $750,000 FINRA Award in Deferred Compensation Claim
On December 5th, a Financial Industry Regulatory Authority (FINRA) panel in New York city awarded a former Wells Fargo financial…
Read MoreEx-Wells Fargo Advisor Granted Class Cert in Claim for Deferred Compensation
Robert Berry worked as a financial advisor for Wells Fargo Advisors, LLC from 1994 until 2014. From 2005 to 2014,…
Read MoreShustak Reynolds & Partners Investigating Claims Related to Forfeited Deferred Compensation
Shustak Reynolds & Partners is investigating potential claims arising out of the forfeiture or cancellation of broker and financial advisor…
Read MoreCredit Suisse Brokers Who Do Not Transition to Wells Fargo Will Lose Deferred Compensation
Credit Suisse, like most brokerage firms, takes a portion of broker compensation and agrees to pay that compensation as “deferred…
Read MoreFinancial Advisor Deferred Compensation On The Rise
Wall Street firms are increasing the percentage of wages paid to financial advisors as "deferred compensation." The shift comes in…
Read MoreWells Fargo Settles Deferred Comp Class Action For $7.4 Million
Wells Fargo Advisors recently agreed to pay in excess of $7.4 million to settle a class action claim alleging the…
Read MoreMerrill Lynch to Pay $40 Million in Deferred Comp Class Action Suit
In late August, Merrill Lynch agreed to a proposed $40 million class action settlement to settle claims the firm refused…
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