Ex-Execs, Wilmington Trust Settle Trade Secrets Suit

Law360, New York (April 8, 2011, 6:13 PM EDT) -- Wilmington Trust Co. on Friday settled a lawsuit in Delaware filed against three former executives for allegedly breaching confidentiality agreements and trying to bring former clients along to their new employer, a division of Citigroup Inc.

Judge J. Travis Laster of the Delaware Court of Chancery issued an order noting that the parties have agreed the case has been resolved. The settlement agreement remains confidential, the order noted.

The lawsuit, filed April 1, accused Barbara L. McCollum, Robert D. Rosenberg and Paul T. Gordon — all...
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