Federal Court Sanctions Envestnet For Destroying Evidence In FinApps Case
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Envestnet was sanctioned in a Delaware federal court last week for destroying evidence that might have supported accusations made by a former fintech partner in an ongoing lawsuit. The decision by Judge Jennifer L. Hall in U.S. District Court in Delaware means that FinancialApps’ case against Envestnet (and its former subsidiary Yodlee) can proceed to trial. Hall’s decision on Dec. 30 affirms the ...