November 6, 2023 - The plaintiff, who accused the ... arbitration claim and a lawsuit were filed against Fisher Investments over client losses stemming from heavy investments in stocks despite conservative objectives....

October 18, 2021 - At least one lawsuit and one securities fraud arbitration claim have been filed against Fisher Investments over losses suffered by clients of the financial advisor firm who lost money due to heavy investments in stocks, despite conservative ...

Upon the transfer of the trust’s investment account from Lighthouse to Fisher Investments, the asset allocation in the trust’s account was as follows: cash 27%, fixed income 32% and equities 41%,” the lawsuit states. “Fisher Investments recommended that [Ms. Ford] reallocate the trust’s portfolio to invest 100% in equities,” the suit states. Good lord! Let's hope the judge or arbitration panel is financially savvy enough to understand how egregious this is.

April 15, 2021 - Camas-based financial management firm Fisher Investments has been hit with a class-action lawsuit alleging that the company violated federal law by using an automated system to place telemarketing calls to prospective clients’ cellphones.

In its litigated complaint against Fisher, the SEC is seeking an injunction, disgorgement of allegedly ill-gotten gains with interest, and a civil penalty. The SEC's continuing investigation is being conducted by Gary Miller and Mark Dee, and supervised by Elisha L.

If you invested with Fisher Investments, you should receive a monthly or quarterly statement that indicates what portion of your portfolio is in stocks. If your account is too heavily invested in stocks or equities for your financial situation and risk tolerance, you may be eligible to file ...

April 23, 2021 - A woman’s allegation that Fisher ... at the age of 76, filed suit in January 2020 to accuse Fisher of financial elder abuse, breach of fiduciary duty and other financial charges....

The complaint alleges that from approximately June 2020 and continuing to the present, the defendants fraudulently persuaded hundreds of elderly persons throughout the U.S. to invest more than $30 million in precious metals, primarily using ...

He did not bring a case against Fisher nor did he close his accounts with Fisher. Claimant remained a client of Fisher until May, 2012 when he commenced an action in state court in Suffolk County. That same month, Fisher stopped managing his account and closed it in light of Lin’s lawsuit. ... Respondents presented evidence at the Arbitration hearing that all Fisher hires including Swanson are indoctrinated with the legal and regulatory compliance requirements of the investment advisory industry.

March 24, 2020 - Company shareholders could file a lawsuit claiming that actions or mismanagement by a director or officer caused them to lose money on their investment, she explained.

September 14, 2021 - Plaintiff agreed to drop a proposed class action suit against $188 billion-AUM Fisher Investments over alleged federal telemarketing violations with both parties bearing their own costs.

I have charged Ken Fisher with crimes against annuities. I will begin this proceeding by expressing my gratitude for his anti-annuity advertising campaign including its famous tagline, “I hate annuities and you should too!”

April 26, 2023 - The CFTC said Fisher Capital and Spellane used high-pressure sales pitches over the telephone to instill fear about the safety of traditional retirement and savings accounts, and deceived victims into purchasing grossly overpriced precious metals. The CFTC sought the return of what it termed the ill-gotten gains, civil monetary penalties, restitution, permanent registration bans, and permanent injunctions against further violations of the Commodity Exchange Act and CFTC regulations, as charged.

April 15, 2021 - The $159 billion-AUM Camas, Washington RIA allegedly made thousands of calls to prospective clients using an automatic telephone dialing system in violation of the Telephone Consumer Protection Act.

Ruling on Fisher · Investments' motion, the arbitrator dismissed Wootten's Missouri statutory claims and · sua sponte prohibited Wootten from adding a federal securities law claim. Wootten · then filed a civil action against Fisher Investments in the United States District Court

Plaintiff Fisher Investments seeks a preliminary injunction to enjoin either Defendant Harry A. Rider or Defendant Jake A. Rider from maintaining and further prosecuting his claim for arbitration currently pending before the Judicial Arbitration and Mediation Service ("JAMS"), and declaring that if Defendant pursues his claim against Fisher Investments, he must initiate a new proceeding with JAMS.

May 17, 2009 - During a presentation he made last month at an industry meeting in New York, he pointed out that in the aftermath of every bear market, there is a pickup in arbitration claims and litigation. Both the lawsuit and the arbitration claim allege that Fisher Investments of Woodside, Calif., failed to protect the clients’ money before last year’s stock market collapse, because the firm invested their portfolios almost exclusively in stocks. InvestmentNews.com on Tuesday reported one legal action against Mr.

Fisher Investments is facing a lawsuit claiming it called a prospective investor more than a dozen times in violation of the Telephone Consumer Protection Act.

Mark Bryant and Fisher Investments ... ... Fisher Investments has fended off a lawsuit accusing the company of making unsolicited sales calls to thousands of investors....

June 20, 2007 - NEW YORK, June 20 (Reuters) - Fisher Investments, founded by high-profile investor and writer Ken Fisher, said on Wednesday it took legal action to prevent at least 11 former employees from using confidential client data at their new jobs.