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Posts Tagged ‘raymond james auction-rate lawsuit is first to be upheld’

Raymond James Auction-Rate Losing Streak Continues

Posted by Larry Doyle on September 9th, 2010 6:20 AM |

Oh, to be a fly on the wall at Raymond James.

I can only imagine the wailing and gnashing of teeth by Raymond James managers as the firm loses another auction-rate securities ruling. Do you think Ray Jay’s managers are privately cursing out their own legal teams and the judges handing down some recent rulings against the firm? Major developments are breaking in the world of auction-rate securities, and the actions center on Raymond James. Let’s revisit a story I highlighted in late August. (more…)






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