Ex-Merrill Adviser Enjoined In Trade Secrets Suit

Law360, New York (May 5, 2008, 12:00 AM EDT) -- Merrill Lynch & Co.'s brokerage arm sued one of its former financial advisers Thursday, alleging that he took confidential client information to his new job at Ameriprise Financial Services Inc. to woo clients away from Merrill Lynch.

Merrill Lynch Pierce Fenner & Smith Inc. won an emergency restraining order against Richard J. Ryder the same day it filed its suit, pending an upcoming arbitration.

Ryder worked as a financial adviser at Merrill Lynch from March 2004 to April 2008, according to the complaint, filed in the...
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