Allan Holeman failed to disclose three IRS liens totaling $157,000.
Brokers want court to decide if client information really is a trade secret and whether contracts signed when Morgan Stanley was a member of the protocol for broker recruiting are still enforceable.
Vatican bulletin admonishes advisers who act against the best interests of their clients.
Its head count dropped more than 29% over the last year, although the productivity of the remaining advisers improved.
The 2016 banking scandal and public relations fiasco had alienated some of the firm's advisers.
Firm also experiences an almost 30% decline in number of brokers and advisers.
Both firms have signed confidential nondisclosure agreements, allowing them to look at proprietary information that could lead to a merger
Eleven recruiters have left the IBD since the end of 2016, according to an InvestmentNews<i>​ </i>tally.
Penny Pennington, who's been named to succeed Jim Weddle at the start of next year, will join a handful of women in top positions at large financial firms
In a business increasingly difficult for individual business owners, Mr. Grant built the independent broker-dealer into one of the more successful firms in the industry.
