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...
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