Brokerage Forks Over $127M In Class Action Settlement
“Because we do not believe our clients, our associates or our firm would benefit from a prolonged legal battle we've decided to settle the class actions suits,” Edward Jones managing partner James Weddle said in a statement.
The St. Louis-based firm will hand over $55 million in cash and $72.5 million in noncash vouchers over a three-year period.
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