Tag Archives: non-disclosure

A Protocol On Life Support – Financial Industry Assesses The Aftermath Of Major Defections From Broker Recruitment Pact

In the fourth quarter of 2017, two major financial firms dropped out of an industry-wide Protocol for Broker Recruiting (the “Protocol”), an agreement designed to reduce litigation surrounding the movement of stockbrokers between competing firms. While those departures do not necessarily seal the fate of the Protocol, they do portend an increase in litigation to … Continue Reading

Eighth Circuit Affirms Severance Repayment by Executive Who Breached Non-disclosure Obligations

Our contributor John A. Snyder writes on the Jackson Lewis website about an interesting decision out of the Eighth Circuit involving an executive of Hallmark Cards, Inc. who was ordered to pay back $735,000 in severance benefits and an additional $125,000 she earned at a competitor because she disclosed information about Hallmark’s processes and market research … Continue Reading
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