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Morgan Stanley Wins Order Against $5M Breakaway Team

Morgan Stanley has secured a temporary restraining order against a breakaway team in Vero Beach, Florida, that produced almost $5 million in annual revenue. So reports AdvisorHub.

gavel 3576932 640smallThe order in Florida federal court bars Trent Leyda, Kay Campione and James Beindorf from soliciting their previous customers.

The three recently launched their own registered investment advisor firm, SpirePoint Private Client.

Read the full article from AdvisorHub.

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