Oswell v. Morgan Stanley Dean Witter & Co., Inc.
District Court, D. New Jersey
1Opinion of the Court
OPINION
JEROME B. SIMANDLE, District Judge.
While serving as CEO of Resorts International Hotel, Inc. (“Resorts”) running its casino hotel in Atlantic City, New Jersey, Audrey Oswell was in active secret negotiations with Morgan Stanley Dean Witter (“Morgan Stanley”) to develop and construct a competing casino on a vacant parcel of land nearby for her own benefit. Resorts has alleged that Oswell failed to disclose her double-dealing, or this opportunity to develop the land, to her own employer. Meanwhile, discovery in this ease has unearthed an email written by Oswell to another Resorts…
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