Merrill Lynch, Pierce, Fenner & Smith Inc. v. Ran
District Court, E.D. Michigan
1Opinion of the Court
OPINION AND ORDER GRANTING PLAINTIFF’S MOTION FOR PRELIMINARY INJUNCTION
STEEH, District Judge.
This action arises out of the conduct of four stockbrokers who jointly resigned from Merrill Lynch on the Friday of Labor Day Weekend to join one of the firm’s competitors, Paine Webber. Defendants spent the holiday weekend using confidential client information, which they absconded with, to carry out an orchestrated and pre-planned solicitation of more than 2,800 former clients they serviced while at Merrill Lynch in violation of their employment agreements. On the first business day after…
2Cases cited23 opinions
- Toussaint v. Blue Cross & Blue ShieldMichigan Supreme Court · 1980
- Performance Unlimited, Inc. v. Questar Publishers, Inc.Court of Appeals for the Sixth Circuit · 1995
- Dumas v. Auto Club Ins. Ass'nMichigan Supreme Court · 1991
- Hayes-Albion Corp. v. KuberskiMichigan Supreme Court · 1985
- Vagts v. Perry Drug Stores, IncMichigan Court of Appeals · 1994
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3Cited by18 opinions
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- Merrill Lynch, Pierce, Fenner, & Smith, Inc. v. NapolitanoDistrict Court, E.D. Pennsylvania · 2000
- Raymond James & Associates, Inc. v. Leonard & Co.District Court, E.D. Michigan · 2006
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