June 30, 2025 – Orange County, CA. An Orange County Superior Court judge delivered a stinging rebuke to Guaranty Income Life Insurance Company (GILICO), denying their summary judgment motion and calling their legal arguments "contradictory" and "not credible" in a case involving elderly investors who lost substantial retirement savings.
Category: Firm News
Morgan Stanley Faces $24M Lawsuit Over Alleged Recruiting Misrepresentation
A Los Angeles-based Morgan Stanley broker, Rodney Dean Halvorson, has filed a lawsuit against the firm, seeking at least $24 million in damages. Halvorson alleges that Morgan Stanley misled him regarding the company’s willingness to work with international clients, ultimately upending his career and financial stability.
Allegations of...
Reif Law Group, P.C. Investigates Baker Tilly Capital, LLC Over Block 216 QOF, LLC and Opportunity Zone Fund Sales
Reif Law Group, P.C., a nationally recognized securities litigation and arbitration law firm, is investigating Baker Tilly Capital, LLC for selling private placement Qualified Opportunity Zone (QOZ) funds, including Block 216 QOF, LLC.
This investigation focuses on potential misconduct in the sale of these speculative investments to retail...