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Raymond James wins High Court litigation on restrictive covenants

Judge's gavel

International law firm Faegre Baker Daniels LLP has successfully defended its clients, Raymond James and seven former Edward Jones financial advisors, in a high-value High Court restrictive covenant claim, resulting in all claims being dismissed and costs awarded in the defendants’ favour.

Financial advisory firm Towry acquired Edward Jones in late 2009 and brought proceedings after the Edward Jones employees left to join Raymond James and a significant number of their clients followed

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