Legal Blog

In 2016, Wells Fargo made national headlines through an account fraud scandal in which employees created millions of fake bank accounts without the consent of customers. This scheme caused thousands of clients to rack up extra fees, simultaneously harming consumers’...

Trade churning is a serious problem for many investors. You place your accounts in the hands of a financial advisor or broker, trusting them to grow your money and keep the account costs and fees low. However, some advisors will take advantage of this trust and force...

Imagine that you’re a retired investor looking to increase the returns on your portfolio. Now imagine that your advisor – a person you trust to guide some of your largest financial decisions – approaches you with a suggestion to invest approximately $78,000 in a...

Cryptocurrency is a digital, decentralized form of currency that uses encryption (hence the prefix “crypto-”) to give users more privacy than transactions conducted using checks, credit cards, or debit cards. This partial anonymity – combined with massive increases in...

The Financial Industry Regulatory Authority (FINRA) writes rules and regulations for financial industry professionals and has numerous tools to try to prevent vulnerable investors from facing financial harm. In many cases, these tools work preemptively to keep...

Brokerage firms and investment advisors are expected to help investors make sound financial decisions that align with the investor’s goals, risk tolerance, and background. Unfortunately, some brokers abuse their positions to further their own financial aims. Too...