Eccleston Law News and Updates

Smart Steps Advisors Need To Take To Steer Clear Of Legal Trouble

March 2nd, 2020 at 1:27 PM
If you're lucky, you'll go your entire career without facing litigation. But even the most diligent advisors can get ensnared in legal trouble.
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Pershing must pay Stanford Ponzi scheme victims $5.6M as fallout grinds on

February 27th, 2020 at 3:44 PM
A FINRA arbitration panel has ordered Bank of New York Mellon's Pershing to pay more than $5.6 million in damages to a bevy of victims of the Ponzi scheme run by R. Allen Stanford more than a decade ago, and more cases are on the way.
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Wells Fargo to pay $79M over advisor comp lawsuit

February 6th, 2020 at 5:14 PM
Wells Fargo doesn't expect any disruption to its advisor compensation program following a major class-action settlement led by a former advisor who sued to recover deferred compensation that he said the firm improperly withheld from him when he left to launch his own practice.
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James Eccleston Named Super Lawyer for 2020

January 28th, 2020 at 5:03 PM
We are pleased to announce that James Eccleston has been named a Super Lawyer for 2020 under the catergory of "Securities Litigation".
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Wells Fargo ‘fabricated’ investigation into advisors, arbitration panel says

January 22nd, 2020 at 4:34 PM
Three former Wells Fargo advisors’ termination records must be expunged after the firm “fabricated investigatory findings” and ousted them, an arbitration panel ruled this month.
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Arbitrators deny ex-advisor chance to defend himself in Raymond James case

January 10th, 2020 at 9:08 AM
They say everyone gets their day in court — except maybe Gregory Clark, a former Raymond James advisor whose FINRA arbitration case ended without his testimony, witnesses or evidence.
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James Eccleston Selected Super Lawyer for 2019

September 20th, 2019 at 2:33 PM
We are pleased to announce that James Eccleston has been named a Super Lawyer for 2019.
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James Eccleston Achieves Highest Rating in Both Legal Ability and Ethical Standards for 2019

September 18th, 2019 at 6:15 PM
James Eccleston achieved the highest rating in both Legal Ability and Ethical Standards from Martindale Hubbell for 2019.
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Advisors bolt, Morgan Stanley sues. Is this the 'new normal'?

June 13th, 2019 at 1:35 PM
Morgan Stanley has been busy in court lately, recently suing two advisors who left for rival firms over non-solicitation violations in what experts predict will be a familiar pattern for the foreseeable future.
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Sued by Schwab, axed by Morgan Stanley: A $750M team’s troubled career move

April 25th, 2019 at 4:32 PM
A rough four weeks for a $750 million team ended with the advisors out of a job and barred from soliciting their clients.
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TESTIMONIALS

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I learned two important things working with Eccleston Law. First, I made a friend and ally with Jim and Steph for life. Secondly, and this is a crucial life lesson - if you need counsel, then seek out the very best. Jim was referred to me by a most trusted source. I've never had to hire an attorney for anything. Now, I know the value of hiring an important partner. Meticulous, thorough and detailed in preparation is the best way to describe Jim. Brilliant too, I might add. Bottom line, I would highly highly recommend Jim and Stephany for your legal needs. One of the best life decisions I've ever made.

Howard S.

LATEST NEWS AND ARTICLES

December 19, 2024
GPB Capital Investors See Progress as Court Confirms Receivership

In a significant development for investors in GPB Capital Holdings, the private equity firm will move into receivership following a prolonged legal battle.

December 18, 2024
SEC Fines Cantor Fitzgerald $6.75 Million for Misleading SPAC Investors

The Securities and Exchange Commission (SEC) has charged Cantor Fitzgerald, L.P. with causing two special purpose acquisition companies (SPACs) under its control to make misleading statements to investors before their initial public offerings (IPOs). 

December 17, 2024
Former Western Asset Management Co-CIO Charged with Fraud for Cherry-picking Trades

The SEC recently charged Ken Leech, former Co-CIO of Western Asset Management, with fraud.