Law

Variable annuities are complex insurance products that combine investment accounts with death benefits. While they suit some investors, brokers frequently sell them to retirees who need liquidity, stability, and lower fees. Unsuitable variable annuity sales

Broker churning occurs when a financial advisor executes excessive trades in a client account to generate commissions rather than serve the investor’s best interests. This form of misconduct costs retirees and conservative investors thousands of

The Securities and Exchange Commission has filed a civil enforcement action against Brian Kuzdas and John Rowland, alleging investment fraud related to their securities activities and dealings with investors. The SEC announced the charges on

The Securities and Exchange Commission has filed a civil action against RAD Diversified REIT, Inc., Brandon “Dutch” Mendenhall, Amy Vaughn, and The Seminar Solution, LLC, alleging investment fraud related to the REIT’s fundraising practices and

Justin Jennings has settled SEC insider trading charges related to illicit profits exceeding $2.7 million, according to SEC Litigation Release 26570. The case involved trading ahead of a material non-public announcement about a corporate transaction.

Craig Allen faces federal charges in a Nebraska casino investment scheme that allegedly defrauded dozens of investors out of more than $16 million in total losses. Prosecutors say Allen marketed fake ownership stakes in casino

John Sterling Myers, the operator of Sterling Capital, faces federal civil charges in connection with an alleged $3.6 million pooled investment fraud. The Securities and Exchange Commission claims Myers misappropriated at least $1.8 million from

Casey Muggleston, a former employee at Constellation Energy, faces civil insider trading charges from the Securities and Exchange Commission. The SEC alleges he traded on nonpublic information about Project Tetris, a confidential corporate initiative, generating

Reid and Rudiger LLC has been expelled from FINRA membership following disciplinary action related to significant supervisory and compliance failures at the broker-dealer firm. The expulsion removes the firm’s ability to conduct securities business under

William David Miller has been suspended by the Financial Industry Regulatory Authority after failing to respond to information requests issued under Rule 8210. The suspension highlights ongoing enforcement against registered representatives who decline to cooperate