Towry loses client 'poaching' case in High Court

A decision in the case was handed down at the Royal Courts of Justice this afternoon. The Honourable Mrs Justice Cox dismissed the claim by Towry that the seven advisers - who left the company after it acquired Edward Jones in 2009 - had broke their contracts by contacting their former clients. "Having regard to the whole evidence in this case, the allegations against Raymond James do not withstand scrutiny", the judgement reads. Towry began legal action against the seven advisers - Barry Bennett, Pieter Burger, James Chandler, Wayne Hayhurst, Thomas Spain, Stuart Hutton and Tracey...