After being slapped with a post-trial judgment last April totaling $2.2 million for misappropriation of confidential and proprietary information, two Wyoming bank executives were named in an unprecedented “Notice of Intent to Prohibit” filed in December by the Federal Reserve Board. If these executives thought that more than two million dollars in civil liability was harsh, they were
Continue Reading Fed Seeks to Bar Two Bankers for Life for Stealing Confidential Information
Upcoming Client Webinar on May 22nd: Protecting Your Trade Secrets in the Financial Services Industry
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The fourth webinar of the 2012 series will focus on trade secret considerations in the banking and finance industry, including prosecuting claims against former employees who are FINRA members. Topics will include:
- What practical steps can financial services institutions implement to protect trade secrets and client relationships
- What should you do if your trade secrets are improperly removed or disclosed,