Allegations in the lawsuit largely resemble those of a separate one filed in August this year.
UPDATE: Oil posts 9% gain as OPEC agrees to cut output for first time in 8 years
Carl Gravina and Liana Poodiack managed $450 million of client assets at Wells Fargo, and Joshua Houle managed $50 million at Edward Jones
With regulators cracking heads over sales of proprietary products, could the overwhelming success of Edward Jones' Bridge Builder program be a problem?
Texting is the next wave of popular communication for advisers and clients, and companies are waving off compliance fears. Next month, Edward Jones will launch a program to encourage advisers to text their clients.
Breakfast with Benjamin : A former Edward Jones adviser is sentenced to five years in the slammer for bilking a disabled woman out of more than $100,000.
The lawsuit continues a barrage of litigation filed in recent weeks related to fiduciary breaches in retirement plans.
As selling stocks gets tougher, the number of brokers has dropped 12 percent since 2008 to about 363,000 last year. Edward Jones is finding success by sticking to its old ways.
Edward Jones's James Weddle and Robert Keenan of St. Bernard Financial Services Inc. were elected to the Financial Industry Regulatory Authority's Board of Governors at its annual meeting.
Edward Jones uses "questionable telemarketing" tactics to recruit customers, according to New Hampshire regulators.