Oppenheimer balks at jury trial, settles cash sweeps suit for $70M
Oppenheimer was at risk of having to pay as much as $440 million in a class-action lawsuit over its "cash ...
Friday, May 29, 2026
Tag: sweeps
Firms make billions from ‘cash sweeps.’ Could AI take that away?
Altruist's release last month of an AI-driven tax manager may have been the event that sent many big brokerage firms' ...
‘Cash sweeps’ lawsuits stumble with dismissal of U.S. Bank case
In the first full rejection of a lawsuit over firms' "cash sweeps," a federal judge has tossed claims that U.S. ...
Thousands protest in Minneapolis after deadly ICE shooting as agents continue city-wide sweeps
Thousands of people marched in Minneapolis Saturday to protest the fatal shooting of a woman by a federal immigration officer there and ...
Osaic’s American Portfolios hit with $5.1M ‘sweeps’ fine
Osaic is paying more than $5 million over accusations that one of its subsidiaries had improperly calculated interest earned on ...
New wave of special offers sweeps real estate market
On street hoardings and television screens, a new campaign by real estate company Azorim has stood out recently. The ...
The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.