Broker Robinhood Sued by Parents Over Trader Son’s Suicide February 8, 2021 By Tom Hals The family of a 20-year-old stock trader who committed suicide sued the broker Robinhood for his death, citing its “misleading...
Court Says Broker Fraud Protected by Bankruptcy’s Safe Harbor March 20, 2014 By Bill Rochelle Bankruptcy law’s “safe harbor,” which prevents customers of defunct brokerages from being sued, applies even when the broker was engaged...
Court Throws Out Class Action Against JP Morgan Over Clearing Broker March 18, 2013 By Jonathan Stempel A U.S. federal appeals court on Friday threw out a class action lawsuit against JPMorgan Chase & Co., making it...
Deutsche Bank, Ex-Adviser Ordered to Pay $934K for Insurance Swindle February 14, 2013 By Suzanne Barlyn U.S. securities arbitrators ordered Deutsche Bank Securities Inc. to pay a couple and their trusts a total of $934,000 after...