Highland Capital Claims Ex-Adviser Planned To Steal Clients

Law360, Dallas (August 15, 2013, 7:40 PM EDT) -- Highland Capital Management LP on Monday launched a suit in Texas state court against a former executive at a financial advising firm it acquired, alleging he fed confidential information to a former Highland exec locked in a bitter fight with the firm, with the aim to poach clients.

The suit claims Gregory Stuecheli, former managing director of Pyxis Capital LP — now known as Highland Capital Management Fund Advisors — acted as an agent for Highland’s former private equity division leader, Patrick Daugherty, and passed him...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.