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Mississippi-based clients to receive checks after $12.4M Raymond James settlement
SUMMARY: Mississippi has reached a $12.4 million settlement with Raymond James over allegations that the company charged clients “unreasonable commissions” on trades that harmed investors. The settlement includes $8.2 million in refunds to clients and $4.2 million in penalties and costs to states. State securities regulators found that Raymond James nickel-and-dimed customers on over 270,000 equity transactions and trades over the last five years. The company will also implement updated policies and procedures to prevent the imposition of unfair commissions. Clients who were charged more than 5 percent commission on equity transactions from 2018-2023 will be eligible for restitution.
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SUMMARY: Mississippi was well-represented in the latest SEC players of the week. Bray Hubbard, an Ocean Springs native playing for Alabama, was named SEC co-defensive player of the week after five tackles and two interceptions in a 38-14 win over Wisconsin. He allowed just one catch on five targets and earned a 92.0 grade from Pro Football Focus. Ole Miss left tackle Diego Pounds earned co-offensive lineman of the week honors for helping backup quarterback Trinidad Chambliss lead the Rebels to a 41-35 win over Arkansas, playing all 75 snaps and allowing just one sack.
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SUMMARY: Tramell Tillman, a Jackson State University alumnus, made history at the 77th Primetime Emmy Awards by becoming the first Black man to win Outstanding Supporting Actor in a Drama Series for his role as Seth Milchick on “Severance.” Graduating in 2008, Tillman credited his mother for inspiring his acting career, recalling her tough but loving guidance. He celebrated Black actors who paved the way and highlighted his HBCU experience, notably showcasing Jackson State’s renowned marching band in “Severance.” Other wins for the show included Britt Lower and Merritt Weaver. Jackson State and fans praised Tillman’s groundbreaking achievement.
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SUMMARY: Tyler Robinson, 22, accused of fatally shooting conservative activist Charlie Kirk at Utah Valley University, exhibited left-leaning politics and engaged deeply with “dark corners of the internet,” Utah Governor Spencer Cox said. Investigators are still determining Robinson’s motive; he disliked Kirk and may have been radicalized online. Kirk, founder of Turning Points USA and a Trump confidant, was widely mourned, including at a vigil at the Kennedy Center. Robinson’s personal background includes a transgender partner and poor cooperation with police. Tributes emphasized Kirk’s religious faith and activism, with supporters vowing to continue his conservative movement despite the attack.
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