Read previewThe judge overseeing a case brought by more than 60 former clients of Wealth Assistants has denied their lawyers' request for a preliminary injunction against the company. Lawyers representing Wealth Assistants' former clients sought to freeze assets belonging to CEO Ryan Carroll, his mentor and business partner Max K. Day, Day's nephew Max O. AdvertisementMany Wealth Assistants clients said they were drawn by the opportunity to generate passive income through an Amazon store. Business Insider previously reported that Wealth Assistants filed a lawsuit on January 5 against Thread Bank, a digital bank based in Tennessee. Several former Wealth Assistants clients filed a motion to intervene in that suit earlier this month.

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Persons: —, Ryan Carroll, Max K, Day's, Max O, John Pacheco, Nico Banks, Carroll Organizations: Service, Lawyers, Business, Amazon, Amazon . Business, Court, Banks Law, Thread Bank Locations: California, San Bernardino County, Washington, DC, Tennessee, mstone@businessinsider.com