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Expert Analysis

To W-2 Or 1099, That Is The Question

Law360, New York (September 7, 2012, 11:50 AM EDT) -- In a decision of significance to the broker-dealer industry, on Aug. 20, 2012, in Taylor & Young v. Waddell & Reed, et al., the Southern District of California granted summary judgment in favor of the independent broker-dealer firm, finding that its financial advisers were properly classified as independent contractors and not entitled to relief under California's Labor Code, which applies only to employees....

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