Those who entered into a “Passport Agreement” and had a “Passport Account” with Raymond James and were subject to fees on “Fee Investments.” between either Feb. 17, 2010 and March 31, 2017 or Feb. 11, 2011 and June 30, 2019, are eligible for a potential award from the Raymond James Commission Fee Class Action Lawsuit!

According to the class action, the hidden fees amounted to commissions on Raymond James accounts that were advertised as being commission-free.

So if you are eligible, file a claim by September 13, 2019 to receive your potential award!

Table of Contents

Raymond James Commission Fee Class Action Lawsuit

Claim Form Deadline: September 13, 2019
Who’s Eligible: Class Members include “All former and current Customers of Raymond James and Associates, Inc. (‘RJA’) in the United States and its territories who executed a ‘Passport Agreement’ and owned a Passport Account, and from whom RJA deducted, retained, and or charged a per transaction ‘processing Fee’ or ‘Misc. Fee’ on transactions involving ‘Fee Investments’” between either Feb. 17, 2010 and March 31, 2017 or Feb. 11, 2011 and June 30, 2019.
Estimated Amount: Varies
- Class Members who paid between $.01 and $9.95 in fees will receive that amount.
- Class Members who paid between $9.96 and $15 in fees will receive that amount times two.
- Class Members who paid between $15.01 or more in fees will receive that amount times three.
Proof of Purchase: N/A. Those eligible are automatically enrolled in the settlement.
Case Name & Number: Brink, et al. v. Raymond James & Associates Inc., Case No. 0:15-cv-60334, and Wistar, et al. v. Raymond James Financial Services, et al., Case No. 0:16-cv-60284, both in the U.S. District Court for the Southern District of Florida

Claim Form

(Click here to file a claim)

How To File a Claim

Head over to the Raymond James Commission Fee’s Claim Form.
Look over the claim form to see if you are eligible.
Complete the claim form with your information.
Submit your claim by September 13, 2019 to receive your potential award!

Bottom Line

Those who were charged a per transaction ‘processing Fee’ or ‘Misc. Fee’ on transactions involving ‘Fee Investments’” between either Feb. 17, 2010 and March 31, 2017 or Feb. 11, 2011 and June 30, 2019. are eligible for a potential award from the Raymond James Commission Fee Class Action Lawsuit!

If you are eligible, file a claim by the deadline to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!