Article
New York Supreme Court Denies “Employee Raid” Injunction
In a recent unpublished opinion, “GFI Securities LLC v. Tradition Asiel Securities Inc., et al.”, New York State Supreme Court Justice Richard B. Lowe denied the request of an inter-dealer brokerage firm for a preliminary injunction that would have prevented a competitor from hiring eighteen former employees and forbidden the employees from violating the restrictive covenants in their employment agreements.
Fried Frank Harris Shriver & Jacobson
