Suntrust Wins Against Schwab Soliciting Customer Clients

A federal judge in Florida denied Charles Schwab & Co. Inc.’s bid for a preliminary injunction on Wednesday in a trade secrets and unfair competition case against SunTrust Investment Services Inc. and two ex-Schwab workers who allegedly used misappropriated customer data to solicit Schwab clients.

U.S. District Judge Kenneth Marra denied a Nov. 17, 2011 motion for a preliminary injunction barring the use of Schwab’s customer data, which Schwab claimed constituted “continued violations” of the employment agreements signed by former Schwab financial consultants Christopher Haffey and Lance Longwater.

Commercial Litigation News

Baird Ordered to Pay Morgan Stanley $700,000

Baird Ordered to Pay Morgan Stanley $700,000 to Settle Recruiting Case In a Financial Industry Regulatory Authority (“FINRA”) Arbitration Statement of Claim filed by David Brodie and Laura Starr in March 2010, Claimant Morgan Stanley Smith Barney asserted Count I:...

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Stunkel v. Gazebo Landscaping Design Inc.

Stunkel v. Gazebo Landscaping Design Inc. - David Brodie successfully argues case before the Supreme Court of Florida and establishes bright line test for notice to owners in lien cases. 660 So. 2d 623 (1995) Sheldon E. STUNKEL, et al., Petitioner, v. GAZEBO...

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