Keeping good company in ‘sweeps’ lawsuits

With so many lawsuits over firms' "cash sweeps," there's good reason to wonder why some industry players were seemingly being spared.

The past two weeks, though, suggest nearly everybody will get a chance to be hauled into court. Add JPMorgan, Raymond James and Charles Schwab to the firms with the dubious honor of being sued over their sweeps policies. 

That lumps them together with Morgan Stanley, Wells Fargo, UBS, LPL Financial and Ameriprise. All of these firms deny the charges. 

Until they've had their day in court, maybe they can console themselves with this thought: Misery loves company.