The mergers, acquisitions and deals you may have missed the week of May 10, 2021.

Knight Nguyen Investments raised at least $3.7 million from a number of advisory clients and retail investors for high-risk and fraudulent securities offerings, according to the SEC.

Matthew Clason faces as long as 20 years in prison after stealing more than $600,000 from an unnamed investor for his personal use, including paying for his personal credit card, according to the DOJ.

Mark Lisser and Knightsbridge Private Partners ran boiler rooms to fraudulently sell pre-IPO shares of companies, according to federal regulators.

U.S. Capital Advisors plans to merge its RIA business with Legacy One to create a $5.6 billion Texas RIA.

In the latest round of layoffs in the wake of Schwab's ongoing integration of TD Ameritrade, TDAI executives Vanessa Oligino, Greg Menefee and Scott Leak are shown the door.

The combination is the first of its size to use LPL’s new M&A Solutions, a suite of services to help advisors navigate mergers and acquisitions from start to finish, which went live earlier this year.

Damian Lo Basso, formerly of CFO Solutions and Dynasty Financial Partners, will be the fourth partner of Journey Strategic Wealth, launched earlier this year.

The mergers, acquisitions and advisor moves you may have missed the week of May 3, 2021.