Edward Jones Broker Suspended 18 Months for Churning That Drained Retirement Accounts
Broker churning represents one of the most destructive forms of securities fraud targeting retirees. We have witnessed countless cases where advisors prioritized commissions over client ...
Wells Fargo Advisors Ordered to Pay $4.2M for Unsuitable Variable Annuity Recommendations
Variable annuities. The product Wall Street loves to push on retirees. A FINRA arbitration panel recently ordered Wells Fargo Advisors to pay $4.2 million in ...
Variable Annuity Overcharges Cost 127 Clients $1.2M, FINRA Arbitration Reveals
FINRA arbitrators ordered $1.18 million in damages for 127 clients overcharged on variable annuity share classes by advisor Robert Chen.
