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Brink v. Raymond James & Associates, Inc.
Case Number:
0:15-cv-60334
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 12, 2019
Raymond James To Pay $15M To Settle Hidden-Fee Claims
Raymond James Financial has agreed to pay $15 million to a certified class of nearly 59,000 customers to settle claims that the Florida-based investment bank and financial services company charged customers unauthorized commissions via a padded “processing fee.”
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October 22, 2018
Clients Win Cert. In Raymond James Secret Commission Suit
A federal Florida judge on Monday certified a class of nearly 59,000 Raymond James customers in litigation accusing the financial services firm of charging unauthorized commissions via a padded "processing fee," rejecting the company's argument that class members couldn't be ascertained without transaction-by-transaction account reviews.
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October 19, 2018
Customer Seeks Class Approval In Raymond James Fee Suit
A Florida woman seeking to form a class to pursue claims that Raymond James charged unauthorized and unreasonable commissions via a "processing fee" rebutted the financial services company's arguments that the allegations require intensive individual analysis during a hearing Friday.
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October 10, 2018
Raymond James Can't Ditch Secret Commission Class Action
A Florida federal judge denied Raymond James' bid to toss a putative class action alleging the financial services company charges unauthorized commissions via a "processing fee," rejecting the company's argument that the payments are unrecoverable because they were made voluntarily.