Brokerage Firm Hits Former Employee, Morgan Stanley With Trade Secrets Suit

(January 18, 2019, 5:31 PM EST) -- SANTA ANA, Calif. — A financial brokerage sued its former vice president of financial consulting and his current employer in California federal court on Dec. 19, alleging that the defendants have misappropriated the brokerage’s confidential customer data to solicit customers away from it and to the former employee’s current employer in violation of state and federal trade secrets laws (Fidelity Brokerage Services LLC v. James Buri, et al., No. 18-2246, C.D. Calif.)....

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