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Tagged with "eccleston"

Real Estate Firm Funded by Independent Broker-Dealers Faces Financial Collapse

Posted on December 6th, 2023 at 1:29 PM
Real Estate Firm Funded by Independent Broker-Dealers Faces Financial Collapse

In late September, iCap Enterprises Inc., a real estate investor and manager, filed for bankruptcy after raising $245 million from investors through independent broker-dealers.

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Attorneys Monitor Shareholder Stock Drop Lawsuits Amid IPO Setbacks

Posted on December 5th, 2023 at 2:18 PM
Attorneys Monitor Shareholder Stock Drop Lawsuits Amid IPO Setbacks

Lawyers anticipate a surge in shareholder lawsuits following a series of setbacks in the US IPO market.

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FINRA Suspends Former LPL Advisor for Signing on Partner's Behalf

Posted on December 4th, 2023 at 1:31 PM
FINRA Suspends Former LPL Advisor for Signing on Partner's Behalf

In a recent message underscoring the significance of ethical conduct, the Financial Industry Regulatory Authority (FINRA) has imposed a one-month suspension on a former LPL Financial advisor.

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SEC Investigation into JPMorgan's Advisory Account Aggregation

Posted on December 1st, 2023 at 11:58 AM
SEC Investigation into JPMorgan's Advisory Account Aggregation

The Securities and Exchange Commission (SEC) has launched two investigations that may affect the interests of advisors and clients of JPMorgan Chase & Co.

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FINRA Reveals Baird's $500K Shortfall in Mutual Fund Rebates to Clients

Posted on November 30th, 2023 at 1:36 PM
FINRA Reveals Baird's $500K Shortfall in Mutual Fund Rebates to Clients

Robert W. Baird & Co. has reached a settlement with the Financial Industry Regulatory Authority (FINRA) wherein they accepted a censure and committed to reimbursing more than $500,000 to clients who were overcharged for their mutual fund investments.

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Arbitration Mandated for Former Morgan Stanley Advisors' Class Claim on Deferred Compensation

Posted on November 28th, 2023 at 1:10 PM
Arbitration Mandated for Former Morgan Stanley Advisors' Class Claim on Deferred Compensation

A federal judge in Manhattan has granted Morgan Stanley’s request to transfer a potential class action lawsuit to arbitration.

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Wells Fargo Under SEC Scrutiny for Cash Sweep Programs

Posted on November 28th, 2023 at 9:47 AM
Wells Fargo Under SEC Scrutiny for Cash Sweep Programs

The Securities and Exchange Commission (SEC) is investigating Wells Fargo & Company over cash sweep options provided to investment advisory clients.

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FINRA Alleges $2 Million in Client Losses and $2 Million in Commissions Due to Advisor's Churning

Posted on November 22nd, 2023 at 12:08 PM
FINRA Alleges $2 Million in Client Losses and $2 Million in Commissions Due to Advisor's Churning

According to a Financial Industry Regulatory Authority (FINRA) complaint, Stewart "Paxton" Ginn excessively traded accounts over two and a half years, resulting in $2.22 million in losses and $2.24 million in commissions for him and his firm.

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SEC Charges Former Advisor with $2 Million Fraudulent Scheme

Posted on November 21st, 2023 at 1:56 PM
SEC Charges Former Advisor with $2 Million Fraudulent Scheme

The Securities and Exchange Commission (SEC) has announced the filing of charges against an investment adviser based in Santa Maria, California.

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The Classic 60-40 Investment Strategy Faces its Most Challenging Year in Decades

Posted on November 20th, 2023 at 11:40 AM
The Classic 60-40 Investment Strategy Faces its Most Challenging Year in Decades

Millions of Americans are experiencing disruption in their retirement planning due to rising interest rates and inflation.

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TESTIMONIALS

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I learned two important things working with Eccleston Law. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

1783957061 Law
July 13, 2026
FINRA Warns of Growing Risks From Finfluencers and AI-Driven Investment Content

Financial Industry Regulatory Authority (FINRA) regulators are raising concerns about the increasing influence of social media personalities and artificial intelligence (AI) on retail investors, particularly those managing their own investments without professional guidance.

1783615970 Law
July 9, 2026
FINRA Suspends Former Branch Manager for Supervisory Failures Linked to Excessive Trading and Churning

A former regional branch manager at a broker-dealer has agreed to Financial Industry Regulatory Authority (FINRA) sanctions after the regulator found that he failed to supervise registered representatives who engaged in excessive trading and churning of customer accounts.

1783525964 Law
July 8, 2026
SEC Sanctions David Lerner Associates for Regulation Best Interest Violations

David Lerner Associates has agreed to settle Securities and Exchange (SEC) charges alleging violations of Regulation Best Interest (Reg BI) that resulted in unnecessary costs to retail investors, according to InvestmentNews.