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The broking giant alleges the founders of Infinite Equity stole trade secrets and violated fiduciary responsibilities. -
The BB&T-owned broker said its rival’s legal case and demand for a restraining order are driven by a “grudge” against a former employee.
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The broker said Carson and CRC launched a “frontal assault” on its business that won’t end without court intervention.
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The lawsuit is over the departure of 13 employees who defected to NFP earlier this year.
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An unsuccessful appeal against the claim by 23 former UK executives could encourage similar actions by ex-employees in the US.
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The dispute is the fourth such case filed against the insurer in recent months.
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Wholesale broker Burns & Wilcox has named Suzette Torres as Houston office managing director.
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Aon said that it has lost two clients, including one it had for over 20 years, in the past two weeks after several employees left for Alliant.
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This came as Markel said it would commit up to $100mn to new retro fund manager Lodgepine.
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Four former JLT Specialty USA employees who moved to NFP say they are struggling to learn more details of the allegations against them.
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Holtmeier and two other former employees were accused of violating non-solicitation provisions and accessing trade secrets.
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Investigation comes after activist investor accused Argo executives of misusing corporate assets.
