Articles Posted in wrongful termination

Morgan Stanley Fires Financial Advisors After Inherited Account Credits Investigation Morgan Stanley (MS) announced recently that it has terminated a number of financial advisors after a months-long investigation into payments being made to retired Morgan Stanley financial advisors under Morgan Stanley’s own Legacy Account Payments Program.  Morgan Stanley’s “sunset plan”…

Ameritas Investment Corp. Must Pay $180K for Inadequate Supervision Involving VA Sales The Financial Industry Regulatory Authority is ordering Ameritas to pay $180K for an inadequate supervisory system that oversaw its multi-share class variable annuity sales. The self-regulatory organization claims that between 9/2013 and 7/2015, the brokerage firm failed in…