The High Court has been told alleged confidentiality breaches surround the departure of 3 senior staff from Goodbody Stockbrokers.
The 3 employees are re-locating to investment managers Tilman-Brewen-Dolphin which is trying to stop Goodbodys from pulling the plug on a services contract vital to its business.
The High Court has heard Tilman-Brewen-Dolphin deny Goodbody claims that they induced 3 senior personnel to leave the stockbrokers last July and join their ranks.
They also deny that they have received or sought confidential material from their new employees.
One of these – Suzanne Cashin – is alleged to have copied sensitive information prior to leaving the stockbroker.
The 2 firms enjoy a service agreement under which Goodbody trades shares on behalf of 1,250 clients for Tilman.
However the asset management company is in court having received a termination notice on the contract on August 15th.
They say if the deal ends they will not be able to conduct business on behalf of their clients and they argue the move by Goodbody is in truth driven by the defection of its staff.
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