Trade Secret Law Claims Against Former Bankers Survive Dismissal Bid

Mealey's (July 2, 2020, 2:00 PM EDT) -- ORLANDO, Fla. — A federal judge in Florida on June 29 ruled that a community bank and its parent company have sufficiently alleged that several former employees violated state and federal trade secret laws when they engaged in a scheme to misappropriate the bank’s confidential and proprietary customer information before abruptly resigning from their positions and accepting employment with a competing bank (Seacoast Banking Corp. of Florida, et al. v. Matthew Diemer, et al., No. 20-0057, M.D. Fla.)....