A federal judge’s wide-ranging rejection of Edward D. Jones & Co.’s arguments for a temporary restraining order and preliminary injunction against a broker who joined an independent broker-dealer could be useful in other client-solicitation cases, lawyers said. District Court Judge Sarah Evans Barker of the southern district of Indiana last Thursday ruled that simply notifying former clients of a job change without soliciting their business does not violate employment contracts, a common charge broker-dealers make when seeking to handcuff brokers in their initial days of book-rebuilding at new employers…READ MORE
James E. Heavey