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Privacy Litigation Updates for the Financial Services Sector: Claims Against Yodlee Survive and Limited Discovery of Envestnet Allowed | Bradley Arant Boult Cummings LLP
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Critical Changes for U S Cleared Facilities | Bradley Arant Boult Cummings LLP
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In
Gloria Baker, et al. v. Raymond James & Associates Inc., et al., the Mississippi Supreme Court on March 4 reinstated a trial court ruling that Mississippi’s latent-injury discovery-rule exception to the catch-all, three-year limitations period did not apply where the lay plaintiffs, though inexperienced and unsophisticated investors, received monthly account statements showing “substantial losses” on their managed retirement investments. Bradley was part of the team that assisted Raymond James in this signal victory.
The plaintiffs filed suit in 2017, alleging, among other things, a negligence claim against their financial advisor and the advisor’s then-employer Morgan Keegan (now Raymond James). The advisor invested the plaintiffs’ retirement assets from 2002 to 2013. During those years, the plaintiffs received monthly account statements showing substantial losses. The defendants moved for summary judgment based on the three-year statute of limitations, arguing the c
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Chapter 13 bankruptcy provides relief only to individuals with regular income. This Chapter is most frequently used by debtors who have sufficient disposable monthly income to make some payments over time to their creditors. Chapter 13 debtors frequently have enough equity in their residence that, if they were to file for Chapter 7, the residence would likely be sold for payment to creditors. Often filed to stave off foreclosure, Chapter 13 allows debtors to save their homes and/or cars, which includes curing any past due payments and continuing to make monthly payments through a three- to five-year payment plan.
By
Bradley Arant Boult Cummings issued the following announcement on Mar. 8.
Bradley is pleased to announce that partners Tripp Haston and Richard A. Sayles have been named as among the world’s leading litigation attorneys in the 2020 edition of Who’s Who Legal: Litigation. Of nearly 900 lawyers recognized worldwide, Mr. Haston is the only Alabama attorney and Mr. Sayles is the only Texas attorney featured in the 2020 edition.
“We congratulate Tripp and Dick on their successes that have earned them recognition from Who’s Who Legal as among the top litigators in the world,” said Bradley Chairman of the Board and Managing Partner Jonathan M. Skeeters.
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