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Financial Negligence Claim Reversed in Mississippi Supreme Court | Bradley Arant Boult Cummings LLP

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

PLUMAS BANCORP TO ACQUIRE FEATHER RIVER BANCORP, INC

PLUMAS BANCORP TO ACQUIRE FEATHER RIVER BANCORP, INC
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Fluidra Strengthens Industry Leadership Position With Acquisition of Custom Molded Products (CMP)

Press release content from Business Wire. The AP news staff was not involved in its creation. Fluidra Strengthens Industry Leadership Position With Acquisition of Custom Molded Products (CMP) March 10, 2021 GMT BARCELONA, Spain (BUSINESS WIRE) Mar 10, 2021 Fluidra S.A. (BME: FDR), the Spanish listed global leader in pool and wellness equipment and connected solutions, today announced it has acquired Custom Molded Products (“CMP”), a Georgia-based manufacturer of pool and spa components, from Tenex Capital Management. CMP is a leading supplier of innovative solutions for the recreational water industry with a strong portfolio of reputable brands such as DEL™, Brilliant Wonders ®, SpaMASTER™ and Bobé. Headquartered in Newnan, Georgia, CMP operates manufacturing and distribution facilities from multiple locations in the United States and China. CMP’s products are supported by distributors and OEMs in the United States, Canada, Latin America, Europe, Australia and the M

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