Raymond James agreed to pay more than $15 million to settle Securities and Exchange Commission ("SEC") allegations of collecting excess commissions and failing to conduct adequate suitability reviews. The latest case came after Raymond James settled two client overcharging lawsuits in June for $15 million and agreed to pay disgorgement of $6.9 million in March under the SEC. It's the firm's third major settlement of the year for a combined $37 million.
I am so blessed to have you and your dynamic team defending me. Your ethics, forward thinking and strategies are amazing. You guys are the best group of attorneys in the country that I could hire to handle this complicated case.