麻花传媒

麻花传媒 Blog

Former Morgan Stanley Advisors Win Partial Court Victory in Client Solicitation Dispute

September 16th, 2025 at 11:35 AM
Two former Morgan Stanley advisors in Hackensack, New Jersey have defeated Morgan Stanley’s initial effort to block them from soliciting clients, according to an August 15 order from New Jersey Superior Court.
Read More

California Young-Gun Investor Charged in Alleged $6 Million Ponzi Scheme

September 15th, 2025 at 2:59 PM
Federal prosecutors have accused Mihir Deepak Sukthankar, a California resident once celebrated as a teenage trading “prodigy,” of orchestrating a multi-million-dollar Ponzi scheme.
Read More

LPL Broker Fined and Suspended for Recommending Risky Investments to Elderly Client

September 12th, 2025 at 10:11 AM
An LPL Financial broker in Elizabethtown, Kentucky, has agreed to sanctions after FINRA found he violated Regulation Best Interest (Reg BI) when recommending unsuitable investments to an elderly customer.  
Read More

Montana Federal Judge Allows Family's Premium Financing Claims to Proceed

September 11th, 2025 at 11:57 AM
A federal judge in Montana has allowed a family to move forward with negligence, fraud, and unjust enrichment claims tied to a premium-financed life insurance arrangement valued at $67.5 million.
Read More

Arizona Man Sentenced to 30 Years for Multi-Million Dollar Ponzi-Style Fraud

September 10th, 2025 at 11:25 AM
An Arizona man has been sentenced to 30 years in prison for running a Ponzi-style investment scheme that defrauded more than 100 victims out of millions of dollars, according to the U.S. Attorney’s Office for the District of New Mexico.
Read More

Easterly ROCMuni Fund's Steep Decline Spurs Potential Investor Lawsuits

September 9th, 2025 at 11:54 AM
The Easterly ROCMuni High Income Municipal Bond Fund (RMHIX) has suffered a dramatic collapse, losing nearly half its value in June and now trading at a net asset value (NAV) of $2.95 per share.
Read More

SEC Fines New York RIA $50,000 for Custody Rule Violations

September 8th, 2025 at 1:32 PM
The Securities and Exchange Commission (SEC) has fined Munakata Associates, a New York-based registered investment adviser, $50,000 for failing to comply with the agency’s custody rule requirements.
Read More

Merrill Lynch Advisor Faces FINRA Disciplinary Action for Refusing to Cooperate with Investigation

September 5th, 2025 at 2:07 PM
The Financial Industry Regulatory Authority (FINRA) has initiated disciplinary proceedings against former Merrill Lynch broker Ali F. Chehab of Portland, Oregon. According to ThinkAdvisor, FINRA alleges that he refused to cooperate in an investigation into potential misconduct, including unauthorized trading and material misrepresentations to clients.
Read More

Wells Fargo Ties $2,000 Bonus to Non-Solicitation Clause, Raising Advisor Concerns

September 4th, 2025 at 11:45 AM
Wells Fargo & Co. recently issued a $2,000 bank-wide award to its 215,000 employees, following the Federal Reserve’s June decision to lift its asset growth restrictions.
Read More

Kansas City Advisory Firms Agree to $25.5 Million Settlement Over No-Poach Allegations

September 3rd, 2025 at 1:57 PM
Mariner Wealth Advisors, along with two other Kansas City-area firms, has agreed to a $25.5 million class action settlement over allegations that they illegally agreed not to solicit each other’s advisors.
Read More

TESTIMONIALS

Previous
Next

I have the best legal firm in the country to defend me. Awesome job!

Cindy C.

LATEST NEWS AND ARTICLES

October 30, 2025
SEC Sues Former Franchise Group CEO Over $350 Million Hedge Fund Fraud

The Securities and Exchange Commission (SEC) filed a lawsuit against Brian Kahn, former CEO of Franchise Group Inc., alleging he defrauded investors of more than $350 million in a multi-year investment adviser fraud tied to the collapse of Prophecy Asset Management (Prophecy).

October 29, 2025
FINRA Foundation Study Reveals Alarming Investor Susceptibility to Fraudulent Offers

The FINRA Investor Education Foundation (FINRA Foundation) has released preliminary findings from its upcoming report, Investors in the United States: A Report of the National Financial Capability Study.

October 28, 2025
UBS Seeks Court Order Against $1.4 Billion Florida Advisory Team Over Client Solicitation Allegations

UBS Wealth Management USA has filed a lawsuit and requested a temporary restraining order (TRO) against a $1.4 billion advisory team that recently departed to join Elevation Point, a West Palm Beach-based registered investment advisor launched just 15 months ago.