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Tagged with "eccleston"

Merrill Lynch Fined by FINRA for Failing to Report More Than 1,600 Customer Complaints

Posted on July 28th, 2026 at 10:46 AM
Merrill Lynch Fined by FINRA for Failing to Report More Than 1,600 Customer Complaints

Merrill Lynch has agreed to pay a $225,000 fine and accept a censure to resolve allegations that it failed to properly identify and report more than 1,600 customer complaints submitted through post-call surveys, according to a Financial Industry Regulatory Authority (FINRA) Acceptance, Waiver and Consent letter ("AWC").

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Independent Review Recommends Sweeping Changes to FINRA's Enforcement Program

Posted on July 24th, 2026 at 11:08 AM
Independent Review Recommends Sweeping Changes to FINRA's Enforcement Program

An independent review commissioned by the Financial Industry Regulatory Authority (FINRA) recommends significant changes to the regulator's enforcement program, including adopting a statute of limitations, expanding due process protections, and providing greater credit to firms that cooperate during investigations, according to AdvisorHub.

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Cresset Sues Former Advisor Over Alleged Client Solicitation and Competing RIA Launch

Posted on July 23rd, 2026 at 1:53 PM
Cresset Sues Former Advisor Over Alleged Client Solicitation and Competing RIA Launch

Cresset Capital Management has filed a lawsuit in Illinois state court against a former advisor, alleging that he began building a competing registered investment advisory firm and soliciting clients while still employed by the Chicago-based wealth management firm.

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Barred Oregon Financial Advisor Pleads Guilty to $1.6 Million Investment Fraud

Posted on July 22nd, 2026 at 11:20 AM
Barred Oregon Financial Advisor Pleads Guilty to $1.6 Million Investment Fraud

A former Oregon financial advisor has pleaded guilty to fraud after admitting to a long-running scheme that caused investors to lose more than $1.6 million.

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Merrill Lynch Settles Another NFL Player's Claim Related to Financial Advisor Isaiah Williams

Posted on July 21st, 2026 at 11:52 AM
Merrill Lynch Settles Another NFL Player's Claim Related to Financial Advisor Isaiah Williams

Merrill Lynch has agreed to pay $1.25 million to resolve claims brought by former NFL player Sean L.

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FINRA Arbitration Panel Awards Former J.P. Morgan Financial Advisor $4.25 Million in Defamation Case

Posted on July 20th, 2026 at 2:52 PM
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.

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FINRA Arbitrators Award $2.25 Million Over Life Insurance Strategy

Posted on July 17th, 2026 at 11:52 AM
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.

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Delaware Judge Dismisses United Capital's Poaching Lawsuit Against Osaic With Leave to Amend

Posted on July 16th, 2026 at 3:07 PM
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.

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LPL Financial Faces Class Action Over Phoenix Annuity Disclosures

Posted on July 15th, 2026 at 12:52 PM
LPL Financial Faces Class Action Over Phoenix Annuity Disclosures

LPL Financial faces a proposed class action lawsuit alleging that the firm failed to warn annuity investors about the declining financial condition of Phoenix PHL Variable Insurance Company.

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Mariner Wealth Advisors Reports Data Breach Affecting Nearly 9,000 Customers

Posted on July 14th, 2026 at 12:22 PM
Mariner Wealth Advisors Reports Data Breach Affecting Nearly 9,000 Customers

Mariner Wealth Advisors LLC disclosed a data breach that exposed personal information of 8,995 customers, according to AdvisorHub.

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TESTIMONIALS

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Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.

LATEST NEWS AND ARTICLES

1793034027 Law
October 26, 2026
FINRA Bars Former Wedbush Broker Over $3.5 Million in Complex ETP Losses

The Financial Industry Regulatory Authority (FINRA) barred former Wedbush Securities broker William H.

1792610544 Law
October 21, 2026
FINRA Fines and Suspends Former LPL Broker Over Undisclosed Customer Settlement

The Financial Industry Regulatory Authority (FINRA) fined former LPL Financial broker Gregory W.

1792523173 Law
October 20, 2026
FINRA Orders American Portfolios to Pay $1.6 Million Over Unit Investment Trust Supervision Failures

The Financial Industry Regulatory Authority (FINRA) has ordered American Portfolios, the broker-dealer later absorbed into Osaic, to pay more than $1.6 million in restitution and fines over failures to supervise financial advisors who repeatedly recommended that customers sell unit investment trusts (UITs) before maturity.