ADVERTISEMENT



Google       

Home -> Law Blog Directory -> Intellectual Property Law Blogs -> Womble Trade Secrets Blog

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Bookmark

Intellectual Property Law

: Womble Trade Secrets Blog

Judge Halts Former U.S. Trust Team From Using Client Info

ADVERTISEMENTS

Reuters is reporting that four former U.S. Trust employees have been enjoined by a New York state court from using client records they brought to their new employer, Dynasty Financial Partners.


Michael Brown, a U.S. Trust adviser whose clients hold $5.9 billion in assets under management, and three others joined Dynasty this week to help build a firm that will provide technology and other support to high-end investment advisers.


Brown and his team in their resignation letter contended "the protocol" allowed them to take client information, according to Bank of America's complaint. The ?Protocol for Broker Recruiting? is a voluntary pact that many financial services firms have signed that provides the ground-rules for departing financial advisors.


Unfortunately for the defendants in this case, U.S. Trust is not a signatory to the protocol.


We'll keep an eye on this one for you.


Full post as published by Womble Trade Secrets Blog on December 13, 2010 (boomark / email).

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.
Lawsuits and Settlements

Florida State Settles with Feds over Disclosure of Personal Driver Info
Florida State Settles with Feds over Disclosure of Personal Driver Info

FDA
Halts Importation of Drugs Manufactured Offshore By Ranbaxy

Daimler Chrysler et al.
alleged negligence pertaining to lost confidential client data which exposed customers to identity theft

Baltimore Strip Search Class Action
Judge Gives Go-ahead

Sea Star Agrees $18.5M Settlement in Anti-trust Class Action
Sea Star Agrees $18.5M Settlement in Anti-trust Class Action

Atlas Cold Storage
Income Trust to pay $40 million to settle a class action that claims misrepresented financial statements.

Related Searches

























































































































US Law
#1 Online Legal Resource













Your Blog Subscriptions
Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc
Earn a law-related degree
Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.
Suggest changes to this blog's description or nominate another for inclusion. Register for updates.


Practice Area
Zip Code:

Contact a Lawyer Now!






0.0128 secs (new cache)