Legal Case Summary

Raymond James Financial v. Peter Cary


Date Argued: Wed Jan 30 2013
Case Number: 2013AP001485-D
Docket Number: 2605159
Judges:J. Harvie Wilkinson III, Barbara Milano Keenan, James A. Wynn, Jr.
Duration: 47 minutes
Court Name: Court of Appeals for the Fourth Circuit

Case Summary

**Case Summary: Raymond James Financial v. Peter Cary** **Docket Number:** 2605159 **Court:** [Specify the Court if known, e.g., United States District Court, State Court] **Date:** [Specify date of filing or relevant dates] **Parties Involved:** - **Plaintiff:** Raymond James Financial, Inc. - **Defendant:** Peter Cary **Background:** Raymond James Financial, a well-known financial services firm, initiated a legal action against Peter Cary, with allegations that are likely tied to claims related to financial misconduct, breach of contract, or other financial disputes. The specifics of the case highlight the issues between a financial institution and an individual in the context of investment services and obligations. **Legal Issues:** The case primarily revolves around allegations that may include: - Breach of fiduciary duty - Misappropriation of funds - Violations of securities regulations - Contractual disputes **Arguments:** - **Plaintiff's Argument:** Raymond James Financial asserts that Peter Cary violated agreements or fiduciary duties owed to the firm, leading to financial losses and potential damages. - **Defendant's Argument:** Peter Cary may contest the claims, arguing that he acted within the bounds of his contractual obligations or that the claims are unfounded or inflated. **Procedural Posture:** The case moves through various stages of litigation, including motions filed by both parties, discovery disputes, or potential settlement discussions. [Specify if there have been any notable court rulings or motions if available]. **Outcome:** As of the latest updates, the outcome of the case is still pending, with the court expected to provide a ruling based on the evidence presented and the legal arguments of both parties. [Future implications or potential for appeal, if known]. **Significance:** This case exemplifies the complexities involved in financial services and the legal responsibilities of financial advisors. It highlights the scrutiny financial institutions face in maintaining compliance with rigorous regulatory standards and protecting their interests against alleged misconduct by individuals. **Conclusion:** The case of Raymond James Financial v. Peter Cary is significant within the context of financial law and the obligations of financial advisors. The proceedings serve as a reflection of the ongoing challenges in the financial services sector and underscore the importance of fiduciary responsibility. [Note: Additional details such as dates, outcomes, and rulings can be included if they are available or known. Adjust the summary based on actual case facts, procedural history, and final outcomes when more information is accessible.]

Raymond James Financial v. Peter Cary


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