Former Edward Jones Broker John Winslow Sentenced To Three Years In Prison For Stealing Nearly $1 Million From An Elderly Widow

On May 12, 2026, a federal judge in Tacoma, Washington sentenced John Winslow, a former Edward Jones financial advisor, to three years in prison for stealing money from an elderly widow who was his client. Winslow pleaded guilty to four counts of wire fraud, two counts of mail...

FINRA Panel Awards Retiree More Than $1.1 Million After UBS Broker Recommended Variable Annuities And Margin Trading

On May 7, 2026, a FINRA arbitration panel awarded a customer $1,179,169.00 in compensatory damages, plus costs against UBS Financial Services Inc. for mishandling the customer’s retirement account. See FINRA Case No. 23-01310. According to the claim, the customer’s UBS financial advisor recommended that the customer place a...

FINRA’s April 2026 Progress Report On FINRA Forward Identifies Cybersecurity And Imposter Website Fraud Threats For Public Investors

On April 30, 2026, FINRA released a one year progress report on its efforts to protect investors through “FINRA Forward.” FINRA Forward is a comprehensive series of initiatives launched by FINRA in April 2025 to improve investor protection through updating FINRA rules and guidance, strengthening support for member-firm...

Federal Court Denies Stifel’s Motion To Vacate A $133 Million Dollar FINRA Arbitration Award Granted To A Family That Lost Money Investing In Structured Notes

On March 24, 2026, a federal district court judge in Florida entered an order formally denying Stifel, Nicolaus & Company, Inc.’s motion to vacate a $133 million FINRA Arbitration award. The court finalized its order after reviewing a recommendation from a federal magistrate court judge recommending the same....

Jury Convicts Financial Advisor Darryl Cohen For Defrauding Professional Athletes: How Professional Athletes Can Protect Themselves From Investment Fraud

On March 4, 2026, a jury in the Southern District of New York convicted former Morgan Stanley investment advisor Darryl Cohen of investment advisor fraud and wire fraud for his role in defrauding NBA players Jrue Holiday, Courtney Lee, and Chandler Parsons (the “Professional Athletes”) of their investments....