Fathom has settled a commissions lawsuit for $2.95 million, making it the latest brokerage to resolve such legal issues. Additionally, broker-dealer First Horizon Advisors has agreed to pay a civil penalty of $325,000 to settle charges related to its recommendations for certain products, as stated by the SEC. First Horizon will also face a censure and a cease-and-desist order. New Jersey's OceanFirst Bank will invest at least $14 million in a loan subsidy fund to resolve a U.S. government lawsuit accusing it of illegal redlining.