Two of TD Bank's former advisors who left for Raymond James have been hit with a lawsuit over allegedly breaking their non-solicitation agreements, Financial Advisor reports. TD Bank and its subsidiary, TD Private Client Wealth, filed the suit in U.S. District Court...
Representing financial professionals, financial institutions and investors in investment loss, employment and disclosure matters, and in regulatory investigations nationwide.
Financial Advisor Misconduct
FINRA charges broker with excessive trading in investors’ accounts
The Financial Industry Regulatory Authority has filed a complaint against a California broker over what it said was excessive trading in the accounts of investors, reports AdvisorHub. The allegations against Stewart Ginn are from the period between July 2020 and...
SEC charges Mass. advisor with defrauding clients on annuity sales
A Massachusetts-based investment advisor has been charged with defrauding his clients in connection with the sales of annuities, InvestmentNews reports. The Securities and Exchange Commission filed a complaint in federal court against 55-year-old Jeffrey Cutter and...
Virginia financial advisor charged with defrauding investors and clients
A Virginia financial advisor has been charged with engaging in a fraudulent investment scheme, according to Investment News. The Securities and Exchange Commission detailed the charges against Ryan R. Riley in a complaint filed in U.S. District Court for the Eastern...
SEC charges NY-area advisor twins with swindling clients out of over $5 million
The Securities and Exchange Commission has charged a pair of twin brothers from the New York area with swindling clients out of over $5 million through fraudulent activities, reports Financial Advisor. The SEC filed a complaint in federal court for the Eastern...
