Wednesday, September 16, 2015

Employee Sued for Stealing Employer Proprietary Info

An former employee of a financial services firm is being sued for allegedly breaching a non-compete clause by stealing client lists and targeting clients after he joined a similar firm.

The plaintiff asserts it determined the defendant downloaded confidential information, such as price list secrets and other proprietary information, in the weeks prior to his leaving the firm.

"[Plaintiff] claims [employee] breached a non-compete clause by stealing client lists and targeting clients after he joined a similar firm." - Court documents
It is unclear how the plaintiff first learned about the data breach. Organizations seeking to proactively detect data theft by employees and contractors can utilize SaaS analytics services.
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Sources:
(a) Former employee sued for allegedly breaching non-compete clause, stealing proprietary information - www.LousianaRecord.com, 09/08/2015

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