Tag: Litigation
US regulator fines broker-dealer for mis-selling structured notes
North America | Regulations & Legal
16 Oct 2024 by SRP News
Stifel ordered to pay US$14.2m in Finra arbitration over failure to supervise recommendations of structured note investments.
JPM sued by Dropbox co-founder over US$1bn structured note sales
North America | Regulations & Legal
15 Aug 2024 by Summer Wang
The former Dropbox executive is seeking to recover US$225m in damages from J.P. Morgan due to “exorbitant” undisclosed fees on 35 structured notes.
Barclays’ structured notes over-issuance reverberates
North America | Regulations & Legal
27 Feb 2024 by SRP News
The UK bank must face a lawsuit brought by US shareholders over the US$17.7 billion structured note blunder.
Latest: Stifel advisor faces investor claims over structured notes
International | Industry
24 Aug 2023 by SRP News
A veteran financial advisor with Stifel Nicolaus & Co. Inc. is facing several investor complains relating to the sale of structured notes.
Litigation: financial advisor's ETN craze cost clients US$11m
International | Regulations & Legal
16 Aug 2023 by SRP News
A financial advisor who was the principal of an RIA for 21 years racked up more than $11 million in client losses by selling investment products he didn't understand, according to US state regulators.
SRP in brief: all rise
International | Industry
24 Apr 2023 by Amélie Labbe
It’s been a week of lawsuits, new licences and leveraging innovation in the structured product world.
Litigation: US class action alleges Barclays misled investors into unregistered ETNs
North America | Regulations & Legal
20 Apr 2023 by SRP News
Customers of the UK bank have filed a class action lawsuit against Barclays Plc in a New York federal court alleging violations of the Securities Act.
Litigation: NY court dismisses leverage ETN case against Credit Suisse
North America | Regulations & Legal
19 Apr 2023 by SRP News
Claims that the Swiss bank caused retail investors significant losses when it chose to de-list its ETN have been rejected.
Structured Alpha is ‘behind us’ says CEO, ex-manager seeks dismissal of charges
North America | Industry
01 Mar 2023 by SRP News
The German insurer has reported Q4 profit as the Structured Alpha case lingers in the background.
