Editor's note: Steven A. Meyerowitz, Esq., is a director of FC&S Legal. FC&S and PC360 are both owned by Summit Professional Networks.
The U.S. Court of Appeals for the Eighth Circuit, reversing a district court's decision, has determined that claims brought by four siblings that their former financial advisor had misrepresented investments and had sold them unsuitable investments amounted to a single claim under the advisor's professional liability insurance policy.
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