Invesco, Deutsche End Money Manager Poaching Suit

Law360, New York (January 9, 2012, 10:08 PM EST) -- Invesco Advisers Inc. and Deutsche Investment Management Americas Inc. on Friday resolved their suit over Deutsche's alleged 2007 poaching of 20 Invesco money managers — as well as breach of contract allegations against four of the managers — after the parties reached a confidential settlement.

Judge Barbara R. Kapnick approved a stipulation of dismissal in New York state court Friday, after Invesco and Deutsche settled the dispute Dec. 30.

The dispute stems from a purported scheme by Deutsche to effect a surprise mass defection of senior...
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