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21 March 2024Trade secretsSarah Speight

JPMorgan slaps TransUnion with trade secrets suit after linked DoJ settlement

Suit follows $37m settlement between TransUnion subsidiary and US government following Department of Justice investigation | Bank claims that “tens of millions” of consumers' credit card data was stolen in an attempt to recover lost revenue from the “lucrative” federal contracts.

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Trade secrets
JPMorgan files secrets suit over $3.9m client ‘theft’
26 February 2024   Bank says former adviser tried to convince clients to join him at Raymond James | Conduct allegedly misused information which was “proprietary and valuable, and would be especially useful to a competitor” | Complaint filed in Michigan alleges breach of contract, tortious interference, and conversion.


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