RAYMOND JAMES FINANCIAL SVCS. v. PHILLIPS

No. SC11-2513.

126 So.3d 186 (2013)

RAYMOND JAMES FINANCIAL SERVICES, INC., Petitioner, v. Barbara J. PHILLIPS, etc., et al., Respondents.

Supreme Court of Florida.

Revised on Grant of Clarification November 7, 2013.


Attorney(s) appearing for the Case

George Louis Guerra and Dominique E. Heller of Wiand Guerra King, P.L. and Hala A. Sandridge , of Fowler White Boggs, P.A., Tampa, FL, for Petitioner.

Robert J. Pearl of The Pearl Law Firm, P.A., Naples, FL, for Respondents.

Bradford D. Kaufman , Joseph C. Coates, III , and Jason Michael Fedo of Greenberg Traurig, P.A., West Palm Beach, FL, for Amicus Curiae Securities Industry and Financial Markets Association.

Jon Polenberg of Polenberg Cooper, P.A., Fort Lauderdale, FL; Veronica Tejada Lacayo of Veronica Tejada Lacayo, P.A., Coral Gables, FL; Anna V. Tumpovskiy of Tumpovskiy Law Group, Hollywood, FL; Raquel A. Rodriguez and Jeremy Michael Colvin of McDonald, Hopkins, LLC, Miami, FL; and Edward Mullins of Astigarraga Davis, Miami, FL, for Amicus Curiae Miami International Arbitration Society.

Alex Joseph Sabo, II , of Bressler, Amery & Ross, P.C., Miramar, FL and Ronald D. Shindler of Fowler White Burnett, Miami FL, for Amicus Curiae Florida Securities Dealers Association, Inc.

Matthew John Conigliaro of Carlton Fields, P.A., St. Petersburg, FL and Leah A. Sevi of Carlton Fields, P.A., Tallahassee, FL, for Amicus Curiae Florida Association of Realtors.

Scott C. Ilgenfritz of Johnson, Pope, Bokor, Ruppel & Burns, LLP, Tampa, FL, David A. Weintraub of David A. Weintraub, P.A., Plantation, FL, Jeffrey R. Sonn of Sonn and Erez, PLC, Fort Lauderdale, FL, for Amicus Curiae Public Investors Arbitration Bar Association.


PARIENTE, J.

Petitioner Raymond James Financial Services required its clients (the investors) to sign an agreement to arbitrate all disputes arising out of the handling of their investments. The issue in this case is not the validity of the arbitration agreement, but rather whether Florida's statute of limitations that is applicable to a "civil action or proceeding" applies to arbitration proceedings. The investors assert that the statute of limitations applies only...

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