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Eccleston Law Blog

Modern Fraud Schemes Escalate in Scale and Sophistication

March 4th, 2026 at 12:37 PM
A recent panel discussion at the Financial Services Institute OneVoice conference in San Diego highlighted how rapidly evolving fraud schemes continue to victimize both retail and wealthy investors.
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FINRA Suspends Former Stifel Broker Over Costly Account Switching Trades

March 3rd, 2026 at 2:00 PM
The Financial Industry Regulatory Authority (FINRA) suspended a former Stifel, Nicolaus & Co.
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FINRA Suspends Cetera Broker for Accepting $50,000 Client Bequest Without Firm Approval

March 2nd, 2026 at 2:01 PM
The Financial Industry Regulatory Authority (FINRA) imposed a $10,000 fine and a seven-month suspension on an independent broker for accepting a $50,000 bequest from a client without obtaining prior firm approval.
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Eighth Circuit Rejects Emergency Injunction in Advisor Departure Dispute

February 27th, 2026 at 12:21 PM
A federal appeals court ruled against an advisory firm seeking immediate, injunctive relief after a team of advisors left with hundreds of millions in client assets.
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FINRA Bars Former Cambridge Advisor After Refusal to Cooperate With Communications Probe

February 26th, 2026 at 3:35 PM
A former advisor affiliated with Cambridge Investment Research has been barred from the securities industry after declining to comply with a regulatory investigation, according to the Financial Industry Regulatory Authority (FINRA).
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Advisors Increase Crypto Allocations as Merrill Lynch Warns of Significant Risks

February 25th, 2026 at 10:57 AM
Financial advisors are placing more client assets into digital currencies, even as major firms caution investors about the asset class's volatility and speculative nature.
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Merrill Lynch Highlights AI Risks as FINRA Urges Greater Oversight of Emerging Technology

February 24th, 2026 at 1:57 PM
Merrill Lynch has warned that the expanded use of artificial intelligence and machine learning introduces material operational, compliance, and cybersecurity risks for advisory firms.
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Drive Planning Founder Pleads Guilty to $380 Million Ponzi Scheme

February 23rd, 2026 at 2:01 PM
Todd Burkhalter, founder and chief executive officer of Drive Planning LLC, has pleaded guilty to wire fraud after admitting he orchestrated a $380 million Ponzi scheme that defrauded more than 2,000 investors.
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Edward Jones Expands Equity-Style Awards to Thousands More Advisors

February 20th, 2026 at 2:19 PM
Edward D. Jones & Co. has expanded eligibility for its “profits interest” award, extending the equity-style incentive to thousands more advisors, according to a Securities and Exchange Commission filing reviewed by AdvisorHub.
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Wall Street Journal Analysis Questions Investor Gains Following DuPont's Decade-Long Breakup

February 19th, 2026 at 2:07 PM
A Wall Street Journal analysis has raised questions about investor returns following DuPont’s multi-year corporate restructuring, which divided the historic conglomerate into multiple independent companies.
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TESTIMONIALS

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Thank You from the bottom of our hearts for all you have done for us. When we realized this was a very bad investment - we did not know where to turn for help. Then we received your name. When we called you - you were so kind to us and then agreed to help us. For this we are so very grateful. The world would be a much nicer place if there were more people like the two of you in it. We will always remember all the help and kindness you have shown us. Thank you so very very much for everything.

Wayne and Judy S.

LATEST NEWS AND ARTICLES

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March 20, 2026
McKinsey Forecasts Sweeping Changes for Wealth Management Over the Next Decade

The U.S.

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March 19, 2026
Stifel Faces Proposed ERISA Class Action Over 401(k) Fund Performance

According to ThinkAdvisor, Stifel Financial now faces a proposed class action lawsuit that accuses the firm of mismanaging its profit sharing 401(k) retirement plan in violation of the Employee Retirement Income Security Act (ERISA).

1773851287 Law
March 18, 2026
LPL and Ameriprise Notify Clients of Cybersecurity Incidents Involving Account Access

LPL Financial and Ameriprise Financial Services recently notified certain clients about separate cybersecurity incidents that exposed private information and, in one case, led to unauthorized trading activity.