The Florida Supreme Court unanimously decided that Florida’s statute of limitations apply in arbitration proceedings.
The ruling stems from a case involving Raymond James Financial Services Inc. (NYSE: RJF) and several investors.
Like similar businesses, the St. Petersburg-based financial services company requires its clients to sign an agreement to arbitrate disputes arising from the handling of their investments.
The investors, who opened accounts in mid-1999, alleged a Raymond James branch…
The Florida Supreme Court unanimously decided that Florida’s statute of limitations apply in arbitration proceedings.
The ruling stems from a case involving Raymond James Financial Services Inc. (NYSE: RJF) and several investors.
Like similar businesses, the St. Petersburg-based financial services company requires its clients to sign an agreement to arbitrate disputes arising from the handling of their investments.
The investors, who opened accounts in mid-1999, alleged a Raymond James branch…