Rival Broker Poached Employees En Masse: PNC

Law360, New York (September 17, 2009, 7:26 PM EDT) -- A PNC Financial Services Group Inc. unit has accused former employees who went to rival mortgage broker Prime Lending Inc. of breach of contract and misappropriation of trade secrets for attempting to convert a branch of its company to a Prime Lending branch.

The lending group, National City Bank NA, made the allegations in a suit in the U.S. District Court for the Northern District of Ohio, seeking to enjoin a former employee from misappropriating trade secrets.

The mortgage lender accused its former employees, listed as...
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