Tr?id=566623520170033&ev=PageView&noscript=1

Eccleston Law Blog

Financial Advisory Firms Seek to Prevent “Disharmony” on Large Teams

May 16th, 2023 at 1:26 PM
Financial advisory firms and company executives continue to promote organizing as a team, which supposedly creates an improved service model for clients.
Read More

Federal Judge Reaffirms Injunctions Against Advisors Who Departed USI for Lockton

May 15th, 2023 at 11:48 AM
A federal judge has upheld and expanded an injunction against several former USI financial advisors who departed for Lockton.
Read More

SEC Charges Two Texas Advisors Over $155 Million Fraudulent Oil & Gas Offering

May 12th, 2023 at 1:14 PM
The Securities and Exchange Commission (SEC) has charged Roy Hill and Eric Shelly along with two entities under their ownership, Clean Energy Technology Association (CETA) and Freedom Impact Consulting (FIC), for allegedly organizing a fraudulent offering that raised nearly $155 million from at least 500 investors. 
Read More

Goldman Sachs Pays $215 Million To Settle Class-Action Suit on Underpaying Women

May 11th, 2023 at 1:21 PM
Goldman Sachs has agreed to pay $215 million to settle a class-action lawsuit that accused the company of systemically underpaying female employees.
Read More

U.S. Government To Investigate Goldman’s Role in Failed SVB Deal

May 9th, 2023 at 1:07 PM
U.S. governmental agencies are set to investigate Goldman Sachs’ role in Silicon Valley Bank’s (SVB’s) last-ditched effort to raise funds in March.
Read More

SEC Charges Son and Father-in-Law Who Targeted Church Members in $20 Million Fraud

May 8th, 2023 at 1:22 PM
The Securities and Exchange Commission (SEC) has charged Brett Bartlett and his father-in-law, Scott Miller, along with their companies over fraudulent securities offerings that generated nearly $20.5 million. 
Read More

BREIT Limits Redemption Requests for Sixth Consecutive Month

May 5th, 2023 at 1:25 PM
Blackstone Real Estate Income Trust Inc. has announced that the company limited redemption requests again last month raising concerns among some investors and industry participants. 
Read More

Stifel Fined $2.5 Million After Advisor Charged Excessive Fees to Seniors and a Church

May 4th, 2023 at 1:24 PM
Massachusetts’ top securities regulator, William Galvin, has ordered Stifel, Nicolaus & Co. to pay $2.5 million for failing to supervise an advisor’s questionable trades, which charged excessive and unauthorized fees to several senior clients, nonprofits, and a church.
Read More

Former Cetera Advisor Wins $500,000 Arbitration Award Over Failed M&A Deal

May 3rd, 2023 at 1:13 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel has awarded nearly $500,000 to a former Cetera Financial Group advisor, Betsy Jo Merritt, after an agreement to sell her branch fell through.
Read More

Raymond James and Two Financial Advisors Win $16.4 Million Arbitration Award Against Deutsche Bank

May 2nd, 2023 at 2:01 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered Deutsche Bank to pay $16.4 million to Raymond James and two financial advisors in a dispute regarding fees.
Read More

TESTIMONIALS

Previous
Next
Quotes Bigger

We just wanted to say thanks for your work in helping us get back some of the money we lost. We are not by any means rich, but we have saved some money and we have done so through a tight-fisted approach to most everything we do. So losing a significant chunk of money hurt…especially at a time when everyone else was growing their accounts. We really appreciate the work you did.

Allan and Adele

LATEST NEWS AND ARTICLES

1794418115 Law
November 11, 2026
Morgan Stanley Develops AI Super Agents to Build Portfolios and Manage Client Accounts

Morgan Stanley is developing AI-powered "super agents" that could eventually build investment portfolios, manage client accounts and handle many of the routine tasks that wealth management professionals perform today.

1794338007 Law
November 10, 2026
SEC Accuses Crypto Investment Scheme of Raising $130 Million Through Fake Approval Claims

The SEC has charged two entities with operating a cryptocurrency investment scheme that raised more than $130 million from tens of thousands of retail investors.

1794251609 Law
November 9, 2026
Court Restrains Former Citizens Advisor From Using His Memory to Recreate Customer Names in Transition to Ameriprise

A federal judge in Boston has temporarily barred former Citizens Securities advisor Darrell Smith from using client names he recalled from memory to contact former customers after moving to Ameriprise Financial.