Encore was a keen Arkansas financial organization using its prominent host to team situated in Little Stone
A lawsuit has been registered against Encore Bank and you can several of associated some body inside Jefferson County Circuit Court of the Simmons Lender, based in Pine Bluff, to have declaratory wisdom, alleging violation out-of price, tortious interference that have Simmons’ organization expectancies considering inappropriate use and you may revelation of Simmons trade secrets, misappropriation off trading gifts, conversion thieves and misappropriation regarding Simmons’ property, illegal helping and you may abetting, misleading change techniques, violation out-of fiduciary responsibility and municipal conspiracy.
During the documents obtained of the Pine Bluff Industrial, the fresh new 64-webpage file info how former group off Simmons Lender, now operating having Encore Lender, is alleged to has took part in unlawful serves.
Simmons states unique training and you will experience that good Simmons’ staff read hands on at Simmons are thought proprietary and you can used in the definition of Simmons exchange secrets and you will private and you will proprietary information and possessions.
Simmons alleges your defendants because of their own pecuniary gain, actually, collectively, and with the training, assistance and you will power from Encore, breached or violated requirements and you may financial obligation owed so you’re able to Simmons not as much as various agreements or by virtue off statute otherwise common-law.
Men and women defendants were Chris Roberts, president and you will Ceo regarding Encore Bank and former exec vp from the personal financial service in the Simmons; Jimmy Burton Hicks, chairman and you can master method and growth administrator at the Encore and you will former vice president out-of financial lending throughout the Simmons financial financing agency; Phillip Jett, elder vice chairman and president out-of Encore; Justin Moore, professional vice president movie director mortgage financial from the Encore and you will former movie director out of home loan financing regarding the mortgage financing institution out-of Simmons; and you can Karla Control, Encore Bank elderly vp and you will put businesses director and you will previous director of businesses regarding functions company out-of Simmons. Read more “Encore was a keen Arkansas financial organization using its prominent host to team situated in Little Stone”