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Eccleston Law Blog

Silver Star Properties REIT Files for Chapter 11 Bankruptcy Amid Mounting Defaults and Investor Losses

June 18th, 2026 at 11:55 AM
Silver Star Properties REIT, a publicly registered nontraded real estate investment trust formerly known as Hartman Short Term Income Properties XX Inc., has filed for Chapter 11 bankruptcy protection, according to reports by AltsWire.
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As Wealth Management Consolidation Accelerates, Some Advisors Reevaluate the Meaning of Independence

June 17th, 2026 at 12:10 PM
According to AdvisorHub, the independent wealth management industry has entered a new phase of evolution, prompting some advisors to question whether the firms that once championed independence now increasingly resemble the traditional institutions many advisors left behind.
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Cetera Hit With Class Action Lawsuit Over Cash Sweep Program

June 16th, 2026 at 3:39 PM
A proposed class action lawsuit has accused Cetera Financial Group and Cetera Investment Services of improperly profiting from customer cash held in the firms' FlexInsured Account Program, according to a report by ThinkAdvisor.
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New York Insurance Agent Pleads Guilty to $50 Million Ponzi Scheme

June 15th, 2026 at 12:08 PM
A New York insurance agent and tax preparer has pleaded guilty to operating a Ponzi scheme that allegedly defrauded nearly 1,000 investors out of more than $50 million over several decades, according to a report by InvestmentNews.
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FINRA Suspends Former LPL Broker Over Undisclosed Outside Business Activity

June 12th, 2026 at 11:53 AM
The Financial Industry Regulatory Authority (FINRA) has imposed a $5,000 fine and a 45-day suspension against former LPL Financial broker James R.
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FINRA Suspends Former Raymond James Representative for Improper Account Conversions and Unauthorized Trading

June 11th, 2026 at 12:23 PM
The Financial Industry Regulatory Authority (FINRA) sanctioned Paul D.
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Ameriprise Reports Second Data Breach in Less Than Six Months

June 10th, 2026 at 11:38 AM
Ameriprise Financial recently disclosed another data breach, marking the second cybersecurity incident involving the firm in less than six months.
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FINRA Arbitration Panel Orders &Partners and Broker to Pay Wells Fargo $1.25 Million

June 9th, 2026 at 2:04 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered &Partners and broker David M.
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FINRA Sanctions Oppenheimer for Misclassified Client Statements Involving CMOs

June 8th, 2026 at 1:34 PM
The Financial Industry Regulatory Authority (FINRA) has fined and censured Oppenheimer & Co.
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Redemption Pressure Mounts Across Private Credit and Non-Traded BDC Market

June 5th, 2026 at 12:19 PM
Investors continued pulling money from private credit and nontraded business development companies ("BDCs") during the first quarter of 2026 as concerns about liquidity and portfolio valuations intensified across the sector, according to reporting by InvestmentNews.
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LATEST NEWS AND ARTICLES

1784573564 Law
July 20, 2026
FINRA Arbitration Panel Awards Former J.P. Morgan Financial Advisor $4.25 Million in Defamation Case

A Financial Industry Regulatory Authority (FINRA) arbitration panel awarded a former J.P.

1784303575 Law
July 17, 2026
FINRA Arbitrators Award $2.25 Million Over Life Insurance Strategy

A former financial advisor must pay $2.25 million to clients who alleged he recommended a high-risk life insurance strategy that resulted in significant losses, according to a Financial Industry Regulatory Authority (FINRA) arbitration award.

1784228879 Law
July 16, 2026
Delaware Judge Dismisses United Capital's Poaching Lawsuit Against Osaic With Leave to Amend

A Delaware judge has dismissed United Capital's lawsuit accusing Osaic of improperly recruiting financial advisors and soliciting client assets, but allowed the wealth management firm to file an amended complaint, according to AdvisorHub.