Finra arbitrators order Raymond James, rep to pay nearly $20 million in raiding case
Wells Fargo alleged that a 'coordinated' effort to lure away advisors depleted an Arkansas branch office, forcing it to close.
Finra arbitrators ordered Raymond James and a financial advisor affiliated with the firm to pay nearly $20 million to Wells Fargo Advisors for depleting an Arkansas branch office of its reps.
Wells Fargo alleged that Raymond James Financial Services Inc. and six financial advisors conducted a “
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