Injunction Stays Put In Meyer-Chatfield Client Poaching Row

Law360, New York (January 6, 2016, 4:19 PM EST) -- A Pennsylvania state judge has rejected efforts to reverse a preliminary injunction that bars a bank-owned life insurance seller and its employees from soliciting business from clients of rival Meyer-Chatfield Corp., saying a non-compete agreement had been violated by an employee who jumped ship.

In a Dec. 29 order, Court of Common Pleas Judge Bernard A. Moore affirmed his October decision to impose a preliminary injunction against Stephen Goldberg and his colleagues with Bank Financial Services Group that prevents the BOLI salesman and his current company from competing for business from Meyer-Chatfield's customers. The injunction requires Goldberg and BFS to honor...

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