Breakaway Wire
About
Latest transactions
Christopher Manimbo Edward Jones → Janney Montgomery Scott $250M Jose Ascencio Raymond James Financial Services → TSG Wealth Management Riseling Wealth Management Edward Jones → &Partners $357M Sullivan Private Wealth Edward Jones → Shore to Summit Wealth Management Anchor Financial Partners Northwestern Mutual → LPL Financial $525M Koetter Financial Services LPL Financial → Cetera Longwater Haffey Group Truist Wealth → Raymond James & Associates $700M Pacific Sage Partners Pacific Sage Partners → CAPTRUST $1.1B Eastover Capital Management Eastover Capital → South Atlantic Bank $430M Kilner Capital Advisors Kilner Capital Advisors → Apella Wealth $332M
Legal & Regulation October 19, 2026

Georgia appeals court lifts Primerica's injunction against Osaic in team dispute

Georgia's Court of Appeals vacated an injunction that barred Osaic and Legacy Investment Advisors from using client data a Primerica team allegedly took.

The Nathan Deal Judicial Center in Atlanta, home of the Supreme Court and Court of Appeals of Georgia
Photo: Harrison Keely, CC BY 4.0, via Wikimedia Commons

Key points

  • No ruling on the merits: the Oct. 14 decision tells the trial court to explain its basis for the injunction and for the motion to compel arbitration.
  • The dispute: six independent contractors left Primerica's branch in Hurricane, W.Va., a year ago, and Primerica sued in Georgia in November 2025.
  • The allegations: Primerica claims Osaic used cash payments to recruit the team, which then downloaded client account data. Osaic says there was never evidence it took client information.

Full coverage

2
Court of Appeals of Georgia Osaic Wealth, Inc. et al. v. Primerica Financial Services, LLC (A26A1288): judgment vacated and case remanded with direction Oct 14, 2026 SourcePDF
AdvisorHub Georgia Court Vacates Injunction in Primerica-Osaic Raiding Suit By Karmen Alexander | Oct 19, 2026 Additional reporting