Managers of Wealth Americas

SEC Announces $23.8 Million Settlement with the Self-Proclaimed “Frack Master”

“Today’s serious civil and criminal sanctions serve as a warning to anyone who intends to target retail investors.”

SEC Suspends Trading in Company for Making False Cryptocurrency-Related Claims about SEC Regulation and Registration

Earlier this month, the SEC issued an investor alert that warned investors to be vigilant for false claims about SEC endorsements used to promote digital asset investments.

Wells Fargo pays $65 million to settle 'cross-sell' fraud claims with New York

Wells Fargo Failed to Disclose to Investors that Success of Cross-Sell Efforts was Built on Misconduct – Such as Opening Millions of Fake Deposit and Credit Card Accounts; NY Investors Lost Millions when Misconduct was Disclosed

Global Chair Of Biglaw Firm Taking Temporary Leave Due To Exhaustion

Best wishes to Rawlinson for a speedy recovery.

Newsweek’s former owner is charged in US$10m fraud

The Manhattan district attorney's office brought the charges after an extended investigation into the companies' financial dealings that included a raid of IBT's Manhattan offices in January.

Blackrock, Fidelity employees and others sue over high fees on their own 401(k)s

Class-action lawsuits allege that big firms are unfairly loading retirement plans with their own funds

Raymond James loses chance to snuff a lawsuit on upcharging fees

The lawsuit alleges that the firm overcharges, sometimes by up to ten times, its “processing fees” in certain accounts, according to the lawsuit.

Wells Fargo Could Face Class Action Suit Over Deferred Compensation

The complaint also names Wells Fargo & Co., the parent bank of Wells Fargo Advisors, and Wells Fargo Advisors Financial Network, the company’s independent broker-dealer, according to the publication.

SEC Charges Investment Advisor with Fraud

He allegedly told the clients that his strategy was safe and successful, the regulator says, but in fact Fixelle used the investors’ funds to cover personal expenses and growing personal debt, according to the SEC.

Outten & Golden LLP: American Bankers Association Faces Discrimination Lawsuit

The lawsuit also alleges that over the years the "American Bankers Association has received reports involving sexual harassment and discrimination" by men at the top levels of the organization, yet allowed those men to remain in power.

Why Credit Suisse Was Ordered to Pay Ex-Broker Almost $1 Million

Nonetheless, the Finra panel ruled Chilton must pay back Credit Suisse an outstanding loan balance of $18,706, netting him an award of $844,621, InvestmentNews writes.

Notice Regarding Settlement with U.S. Department of Justice

The U.S. Subsidiaries do not admit any facts, liability or wrongdoing in connection with the settlement and they dispute the allegations made by the DOJ.