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Pictet Urges 11th Circ. Not To Revive Trusts' $100M Claim

By Christopher Crosby ( August 17, 2017, 1:38 PM EDT) -- Canadian brokerage Pictet Overseas Inc. on Wednesday asked the Eleventh Circuit to block two offshore trusts from pursuing a $100 million Financial Industry Regulatory Authority arbitration against it, arguing that the Florida federal court that shot down their claims correctly ruled that the trusts weren't customers of the firm....

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