Ex-Fisher Employees Settle in Arbitration

Law360, New York (June 20, 2007, 12:00 AM EDT) -- Prominent fund Fisher Investments has secured promises from several former employees accused of breaching confidentiality agreements that they would cease to use or divulge private information about Fisher Investments clients.

The Woodside, Calif.-based global money management firm founded and run by famed investor and columnist Kenneth L. Fisher announced Wednesday that it had settled four arbitration proceedings with former employees alleged to have shown private, password-protected personal information about Fisher Investments clients to other employees at a rival brokerage.

The settlements entailed the agreements to cease...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.