JPMorgan Sues Recruiter For Wooing Execs To Rival

Law360, New York (October 24, 2008, 12:00 AM EDT) -- JPMorgan Chase Bank NA has filed a lawsuit accusing New York recruiting firm IDW Group LLC of helping key executives in the company's investment bank find jobs with a competitor.

In a complaint filed Thursday in the U.S. District Court for the Southern District of New York, JPMorgan alleged IDW arranged meetings between former JPMorgan executive Patrik Edsparr and senior executives at Citadel Investment Group LLC, where Edsparr started working in March.

Edsparr is now chief executive officer for Europe and head of Citadel's global fixed...
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