Federal Court Denies JPMorgan TRO Against Former Employee But Grants Expedited Discovery (BrokeAndBroker.com Blog)
Bill Singer
A critic of the inept and incompetent, and an advocate for economic and political sanity. It's a lonely journey but I walk it. Wall Street legal, regulatory, and compliance veteran since 1982.
Federal Court Denies JPMorgan TRO Against Former Employee But Grants Expedited Discovery?(BrokeAndBroker.com Blog)
https://www.brokeandbroker.com/6660/jpm-chamberlain/
In this blog, I have often mused -- often lamented --?that Wall Street doesn't always play nice. It's not a street where former employers and former employees tend to shake hands and amicably part ways. Far too often, when someone leaves a brokerage firm, even after a decade's of employment, what ensues is akin to hardball. In today's version of the post-Wall-Street-employment-gauntlet, JPMorgan alleges that a former employee violated his Non-Solicitation Agreement by trying to persuade former clients to transfer their account to his new shop.?