Bankers Sued Over Alleged Misappropriation Of Commercial Banking Information

(January 14, 2020, 9:38 AM EST) -- ORLANDO, Fla. — A community bank and its parent company sued several former employees of the bank’s commercial banking division and an industry competitor in Florida federal court on Jan. 10, alleging that the defendants engaged in a scheme to misappropriate confidential customer information prior to a mass resignation and use that information to compete with the bank in violation of state and federal trade secret laws (Seacoast Banking Corp. of Florida, et al. v. Matthew Diemer, et al., No. 20-0057, M.D. Fla.)....

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