Nine months after FINRA began a process to publicly label firms as ‘restricted’ if they or their brokers had a significant history of misconduct, no firms have received that scarlet letter, according to a review of the regulator’s…
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[…] Mark S. O’Dell, of Morrisville, filed the class action lawsuit last week against Berkshire Bank, alleging it knew Marshall was running an investment scam commonly known as a “Ponzi” scheme prior to Marshall’s bankruptcy filing in 2023….
Law360 (May 14, 2024, 9:40 PM EDT) — Massachusetts-based Berkshire Bank is facing a proposed class action brought by an investor seeking to hold the bank liable for providing financial services to a bankrupt local business person whom…
It was one of the worst accidents in the history of reproductive medicine. A storage tank at a San Francisco fertility center imploded, its trove of 4,000 human eggs and embryos damaged or destroyed. A jury later found…
A fertility clinic is accused of exposing over a dozen embryos inside an incubator to hydrogen peroxide, leading to failed pregnancies and heartbreak for several California couples. The exposure to the chemicals killed the embryos, which were then…
A California fertility clinic transferred ruined embryos into multiple patients, failing to realize that the embryos had been compromised and could not result in pregnancy, a set of lawsuits alleged this month. At least 11 people being treated…
The U.S. Department of Labor on Tuesday said it has finalized a fiduciary rule governing retirement accounts that will close loopholes and widen the swath of financial advisors who must put their clients interests ahead of commissions or…
Several couples are suing a southern California fertility center over claims that the facility staff destroyed their embryos in a “toxic incubator” and later implanted these embryos into the women who sought their services. So far 11 couples…
Multiple Orange County couples added to the legal woes of a fertility clinic with offices in Newport Beach with another claim regarding failed attempts at pregnancy due to some sort of error in a laboratory. Last week, two…
When you walk into a financial adviser’s office, you expect them to put your best interests above all else — in the same way a doctor would, rather than, say, a car salesman. But many people don’t realize…