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

Eccleston Law Blog

JP Morgan Manager Reveals Issues Regarding ESG Loan Pitches

June 28th, 2022 at 3:03 PM
The market for sustainability-linked loans is still severely prone to “greenwashing”, or investing more time and effort into marketing itself as environmentally friendly rather than actually minimizing its environmental impact, according to one of J.P. Morgan’s managers who often helps to sort through debt that is pitched to the company.
Read More

SEC Investigates A.G. Morgan Financial Advisors and Others For Selling Unregistered Securities

June 27th, 2022 at 12:49 PM
The Securities and Exchange Commission (SEC) is investigating Vincent Camarda, James McArthur, and A.G. Morgan Financial Advisors.
Read More

SEC Charges Advisors and Their Firm With Reg BI Violations Over Sales of GWG L Bonds

June 24th, 2022 at 10:45 AM
The Securities and Exchange Commission (SEC) has charged Western International Securities and five of its advisors with violating Regulation Best Interest (Reg BI) when they recommended and sold high-risk debt securities known as L Bonds to retirees and other retail investors.
Read More

Former Credit Suisse Advisor Prevails in Deferred Compensation Claim

June 23rd, 2022 at 1:21 PM
A former Credit Suisse advisor has prevailed on a $2.2 million arbitration claim after alleging that the firm improperly withheld his deferred compensation when it discontinued its U.S. brokerage business in 2015.     
Read More

SEC Charges Three Additional Advisors for Recommending Horizon Ponzi Scheme to Investors

June 22nd, 2022 at 1:17 PM
The Securities and Exchange Commission (SEC) has filed suit against Michael Mooney, Britt Wright, and Penny Flippen pertaining to their engagement with a Ponzi scheme, which raised at least $110 million from nearly 400 investors.    
Read More

FINRA Suspends Former Merrill Advisor Who Managed $2 Billion Florida Team

June 21st, 2022 at 1:08 PM
The Financial Industry Regulatory Authority (FINRA) has issued a six-week suspension and a $5,000 fine to a former Merrill Lynch advisor who previously had helped to establish a $2 billion team.    
Read More

Three Former J.P. Morgan Advisors Prevail In $3 Million Transition Dispute

June 20th, 2022 at 3:28 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel has denied J.P. Morgan’s claims against three former advisors who allegedly had violated their non-solicitation agreements while transferring to a new firm.    
Read More

SEC Seeks to Have Court Appoint Receiver For GPB Capital

June 17th, 2022 at 12:53 PM
The Securities and Exchange Commission (SEC) has presented a plan to a New York federal judge that would place GPB Capital Holdings into receivership with the objective to return money to what the SEC terms “defrauded investors”.
Read More

UBS Recovers $2.3 Million From Former Advisor But Must Revise Form U-5 Termination Language

June 16th, 2022 at 1:16 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel recently ordered a former Atlanta-based UBS advisor to repay the firm at least $2.1 million in loans and interest as well as $208,000 in attorneys’ fees.    
Read More

FINRA Arbitrators Order Morgan Stanley and Former Advisor to Pay Damages to Mexican Farmer

June 15th, 2022 at 1:10 PM
A Financial Industry Regulatory Authority (FINRA) arbitration panel has ordered Morgan Stanley and a former advisor with the firm to each pay $160,000 in damages to a Mexican farmer for allegedly making improper recommendations.
Read More

TESTIMONIALS

Previous
Next
Quotes Bigger

Fantastic news!!!!  Your professionalism, support and expertise were greatly appreciated.  You made a difficult situation much more bearable.

Marci M.

LATEST NEWS AND ARTICLES

1780676353 Law
June 5, 2026
Redemption Pressure Mounts Across Private Credit and Non-Traded BDC Market

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.

1780588152 Law
June 4, 2026
Former Wells Advisor Alleges Age Discrimination

A former Wells Fargo senior private client financial advisor in Wisconsin has filed a federal lawsuit alleging the firm terminated him because of his age rather than an alleged workplace profanity incident.

1780507151 Law
June 3, 2026
Starwood REIT Suspends Most Redemptions Amid Liquidity Pressure

Starwood Real Estate Income Trust (SREIT) has announced a temporary suspension of its share repurchase program for most investors.