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Tagged with "Eccleston Law"

Sophisticated Voice Phishing Attacks Target Major Wall Street Firms

Posted on August 24th, 2026 at 1:22 PM
Sophisticated Voice Phishing Attacks Target Major Wall Street Firms

According to ThinkAdvisor, hackers recently launched a series of sophisticated cyberattacks against major Wall Street firms, including prominent hedge funds and private equity companies.

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Rising Market Leverage Raises Concerns About Financial Stability Despite Low Volatility

Posted on August 21st, 2026 at 3:53 PM
Rising Market Leverage Raises Concerns About Financial Stability Despite Low Volatility

The leverage that has helped drive the U.S.

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FinCEN Imposes Record $125 Million Penalty on UBS Financial Services

Posted on August 20th, 2026 at 12:44 PM
FinCEN Imposes Record $125 Million Penalty on UBS Financial Services

The Financial Crimes Enforcement Network (FinCEN) has imposed a $125 million civil money penalty against UBS Financial Services Inc.

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Former UBS Financial Advisor Suspended and Fined Over Unauthorized Trading Allegations

Posted on August 19th, 2026 at 12:44 PM
Former UBS Financial Advisor Suspended and Fined Over Unauthorized Trading Allegations

The Financial Industry Regulatory Authority (FINRA) suspended a former UBS Wealth Management USA broker for three months and fined him $10,000 after finding that he executed hundreds of trades in two customers' accounts without the required written authorization.

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FINRA Suspends Former Gradient Securities Advisor

Posted on August 19th, 2026 at 12:29 PM
FINRA Suspends Former Gradient Securities Advisor

The Financial Industry Regulatory Authority (FINRA) has suspended former Gradient Securities representative Mark J.

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Senior Protection Case Study: Edward Jones and Senior Investor Safeguards

Posted on August 18th, 2026 at 12:29 PM
Senior Protection Case Study: Edward Jones and Senior Investor Safeguards

A recent incident involving Edward Jones illustrates how challenging it may be to employ safeguards for protecting older clients from financial exploitation.

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Federal Judge Allows Investor Class Action Over Lightstone REIT Disclosures to Proceed

Posted on August 17th, 2026 at 11:29 AM
Federal Judge Allows Investor Class Action Over Lightstone REIT Disclosures to Proceed

A federal judge has allowed investors to proceed with a class-action lawsuit alleging that directors and advisors of three Lightstone Value Plus REITs failed to disclose a significant conflict of interest before shareholders voted on amendments extending the funds' operating periods.

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Cash Sweep Litigation Continues to Drive Legal Costs

Posted on August 14th, 2026 at 3:14 PM
Cash Sweep Litigation Continues to Drive Legal Costs

Cash sweep litigation continues to increase legal costs for wealth management firms despite the Securities and Exchange Commission's (SEC) decision under the Trump administration to close pending investigations without imposing enforcement penalties, according to AdvisorHub.

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FINRA Orders Centaurus Financial to Pay $1.1 Million Over Variable Annuity Supervision Failures

Posted on August 13th, 2026 at 11:59 AM
FINRA Orders Centaurus Financial to Pay $1.1 Million Over Variable Annuity Supervision Failures

The Financial Industry Regulatory Authority (FINRA) has ordered Centaurus Financial Inc.

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Proposed FINRA Enforcement Reforms Draw Mixed Reactions From Industry Participants

Posted on August 12th, 2026 at 12:59 PM
Proposed FINRA Enforcement Reforms Draw Mixed Reactions From Industry Participants

A new report recommending changes to the Financial Industry Regulatory Authority's (FINRA) enforcement program has generated mixed reactions from investor advocates, securities attorneys and industry professionals, according to ThinkAdvisor.

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LATEST NEWS AND ARTICLES

1788893582 Law
September 8, 2026
Drive Planning Founder Sentenced to 20 Years for $380 Million Ponzi Scheme

Todd Burkhalter, founder and CEO of Georgia-based financial advisory group Drive Planning LLC, received a 20-year federal prison sentence for orchestrating a years-long Ponzi scheme that defrauded more than 2,000 investors of approximately $380 million.

1788870175 Law
September 8, 2026
Merrill Lynch and Advisor Settle Court Case for $6 Million After Advisor Allegedly Exploited Grieving Widow

A financial advisor allegedly exploited a client's grief over the deaths of her father and husband, showering her with attention before persuading her to hand over millions of dollars in gifts, according to reporting by InvestmentNews.

1788461574 Law
September 3, 2026
Texas Investment Adviser Faces Washington State Charges Over Misleading Crypto Portfolio Claims

Washington state securities regulators have charged an Austin, Texas registered investment adviser (RIA) and its founder with making misleading statements about the risks tied to one of its model portfolios, which invested heavily in crypto-backed products and volatile exchange-traded funds, according to InvestmentNews.