Despite indications that it would join The Broker Protocol last year when it acquired Merrill Lynch, BofA has yet do so. The Protocol, which has been frequently discussed in this blog, allows departing brokers/advisors leaving a firm to avoid claims for […]
In a recent non-compete decision, Federal District Court Judge Steven Robinson denied an injunction sought by IBM to keep a former vice-president, Steven Johnson, from going to work for Dell. The court rejected IBM’s contention, that Johnson had access to […]
"Smith Barney" "Protocol" "Non-Compete"
Judge William C. Griesbach, of the Eastern District of Wisconsin, recently denied a request for a temporary restraining order filed by Smith Barney against several departing brokers and their new employer, Robert W. Baird & Co. Smith Barney sought a […]
Merrill Lynch and Bank of America appear to have resolved the non-compete issues discussed in my last entry: To: All Merrill Lynch and BAI financial advisors On October 24, Bank of America and Merrill Lynch announced transition programs for retaining […]
After Bank of America (“BofA“) purchased Merrill Lynch it put on the full-court press to keep one of Merrill’s most important assets, its brokers. What has resulted is “The Advisor Transition Program (“ATP”)”, which provides financial incentives for brokers who […]
Weinstein Radcliff Pipkin is a litigation serving Texas, Oklahoma, Arkansas, and Louisiana. We are experience in matters of construction law, surety, contracts, commercial litigation and labor & employment. We’re passionate about providing clients with trusted service and solutions to their legal needs.
