PE Firm Convergent Seeks Exit From Blackford Poaching Suit

Law360, New York (February 27, 2013, 1:09 PM EST) -- Private equity firm Convergent Capital LLC asked a California federal judge Tuesday to dismiss allegations against it in litigation between the two founders of Blackford Capital Associates LLC over the purported poaching of clients, arguing the suit fails to state a specific claim against Convergent.

Convergent, its affiliated investment companies and co-founder John H. Mason are named as defendants in a suit by Anthony P. Kiehn accusing his partner in San Francisco-based private equity firm Blackford, Martin Stein, of starting a side business that masquerades as...
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