Corporate & Securities Law

What happens when a financial adviser submits his job resignation but then informs his customers that he nonetheless will be sitting at home for the next 90 days?  Not much by the way of servicing customers, if that adviser?s ?garden leave? provision is enforced.

What used to be relegated to the sleepy world of banking now is beginning to creep into the world of financial services, and customers undoubtedly will suffer.  Let?s examine the clever employer tactic and highlight some defenses that financial advisers, and their suffering customers, can employ.

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