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Cantor pays for personnel raid

Raymond James has won a $1.75 million arbitration claim against Cantor Fitzgerald.

Raymond James & Associates Inc. at the end of last month won an arbitration claim of $1.75 million against Cantor Fitzgerald & Co., with Raymond James alleging that Cantor Fitzgerald had unlawfully raided personnel and business from Raymond James taxable fixed-income branches in various locations.

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