Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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Pension-account fraud associated with Walston & Co.
Before Walston & Co. became part of DuPont Walston, the brokerage was associated with pension-account fraud. The episode preceded Ross Perot's acquisition of Walston and its subsequent merger with the financially troubled DuPont business. The available reference does not provide a precise date, quantified losses, legal disposition, or named individuals responsible.