Tagged with "restraining order"

Edward Jones Advisor Who Set Up RayJay Shop Hit with Restraining Order

Posted on June 1st, 2021 at 10:58 AM
Edward Jones Advisor Who Set Up RayJay Shop Hit with Restraining Order

A Texas federal judge granted Edward D. Jones & Co.’s request for a temporary restraining order (TRO) against an advisor who allegedly solicited his former clients to join him at Raymond James.

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Court Denies Edward Jones's Restraining Order Against Former Broker

Posted on November 21st, 2019 at 1:49 PM
Court Denies Edward Jones's Restraining Order Against Former Broker

An Indianapolis federal court has denied a motion by Edward Jones for a temporary restraining order ("TRO") against a former broker who joined a competing firm.

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How Does a Temporary Restraining Order (TRO) Impact Your Business?

Posted on October 23rd, 2018 at 10:04 AM
How Does a Temporary Restraining Order (TRO) Impact Your Business?

A Temporary Restraining Order (TRO) is an extreme remedy that financial services firms frequently employ to stop advisors from transitioning their clients to a new firm. While the TRO requires the parties in the case to maintain a certain status quo until the court can hear further evidence, the delay overwhelmingly harms the departing advisor. In many respects, the TRO fight is not the battle; instead, it is the very war itself.

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