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Stark & Stark Shareholder Comments on Reuters.com Article

By Stark & Stark

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Thomas B. Lewis, Shareholder and Chair of Stark & Stark's Employment Group, was quoted in the April 30, 2010 Reuters.com article, Deutsche team goes to Barclays after suit settled.

 

The article discusses the recent move of a team of top advisers from Deutsche Bank Alex. Brown to Barclays Wealth on April 16, 2010. Issues quickly surfaced as Deutsche Bank AG alleged that the team had not given 60 days notice, as required by their employment contracts. Mr. Lewis states that neither Deutsche Bank nor Barclays are signatories to the Protocol of Broker Recruiting, and adds that, "These firms don't want to join the Protocol because they're afraid they will lose people en masse.'

 

You can read the full article online here.

 

Full post as published by New Jersey Law Blog on May 03, 2010 (boomark / email).

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