Brokerage Sues Ex-Employee, Others Over Stolen Data

Law360, New York (October 31, 2011, 10:07 PM EDT) -- Rockwell Global Capital LLC sued a former employee, a former customer and a Florida securities lawyer for $15 million on Monday, accusing them of conspiring to obtain confidential company information in order to lodge regulatory actions against the brokerage.

Rockwell's suit, filed in New York state court, claims former employee Salvatore Clark stole a list of Rockwell customers who bought convertible notes of privately-held company Simply Fit Holdings Group Inc. or received information about its securities.

Clark provided the customer information to Frederick J. Seely, a...
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