LOS ANGELES — The SEC brought a federal complaint accusing Donald J. Kellen, of Palos Verdes Estates, California, of nonparty Laurel Wealth Advisors, of cherry-picking securities trades to profit himself and favored customers, to the disadvantage of nonfavored customers.
Subscribe to our free newsletters
Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.

