News

Pump-and-Dump Scheme Targets Retail Investors

The Justice Department has seized $214 million tied to an alleged international pump-and-dump scheme targeting retail investors.

Wall Street Bonuses Jump 32% As Total Surges To Record, NY Comptroller Says

Wall Street banker bonuses rose 31.5% to an average $244,700 last year as dealmaking rebounded, but the boom times may wane.

Former Wells Fargo Financial Advisor Penalized and Suspended

Regulators have penalized and suspended former Wells Fargo financial advisor Jarrett Thomas for allegedly executing an unauthorized transaction.

LPL Financial Secures a Significant Legal Victory

LPL Financial secures significant legal victory in recruiting dispute with Ameriprise while minimizing impact of unfavorable ruling in another case.

DeepSeek Leading The Charge Of China's Investment Landscape

China's artificial intelligence sector is reshaping the country’s investment landscape, with DeepSeek leading the charge.

Case Closed: Allen Stanford, Architect of Massive Ponzi Scheme, Owes $5.9 Billion

A Texas judge concludes there is “no just reason for delay” in wrapping up the case, which dates back to 2009.

Citigroup Wins Appeal Against Military Personnel Over Credit Card Rates

Citigroup can force military personnel to arbitrate claims that its Citibank unit charged unfairly high interest rates on their credit card balances.