The High Court in London has granted an interim injunction against six former Edward Jones advisors. Edward Jones, now wholly owned by independent financial advice and investment firm Towry Law, alleges solicitation of its clients and misuse of confidential client information.
The High Court in London has granted an interim injunction against six former Edward Jones advisors. Edward Jones, now wholly owned by independent financial advice and investment firm Towry Law, alleges solicitation of its clients and misuse of confidential client information.
Chief executive Andrew Fisher said: “We will take every action available to us to protect the interests of our shareholders and our clients. The contracts signed by the ex-Edward Jones advisors clearly state that they are not able to solicit our clients for relevant business. Misusing confidential data is not, in our opinion, ever acceptable and we are currently preparing a number of similar actions against other former employees of Edward Jones.”
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