Louisiana Court Tosses All Claims Against Financial Advisor
The firm successfully defended a financial advisor against fiduciary duty, contract, and securities claims, obtaining pre-discovery dismissal of all claims with prejudice.
Our firm was retained to represent a financial advisor against claims for breach of fiduciary duty and breach of contract, as well as violations of Louisiana’s Blue Sky Law, in a succession dispute brought by a client’s heirs seeking to be named beneficiaries of an inheritance. Plaintiffs’ complex petition for damages contained over 200 paragraphs alleging a fraudulent scheme among multiple defendants. While other defendants unsuccessfully sought dismissal, after two rounds of briefing, the court dismissed our client with prejudice at the pleading stage, finding no liability.
John W. Joyce and Chloé M. Chetta handled the matter. Both John and Chloé regularly represent broker-dealers and financial advisors in securities and employment disputes.