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Raymond James sues Lowe’s

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Raymond James & Associates filed a lawsuit against Lowe's Cos. Inc. over an alleged breach of contract.

The broker-dealer subsidiary of Raymond James Financial Inc. alleges Lowe's breached its contract with the company by using a different financial adviser in a June acquisition.

Lowe's brought on a different company for its $512 million purchase of Maintenance Supply Headquarters LP, the suit claims.

Read more from the Tampa Bay Business Journal.

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