Monday, February 01, 2010, 2/01/2010 05:12:00 PM

PNC Financial Services Sues Former Employees and New Employer, Huntington Bank

By Todd

Crain's Cleveland Business is reporting that PNC Financial Services has sued 10 departed employees and their new employer, Huntington National Bank, allegedly for stealing "plans for developing and marketing products and services, customer lists, customer investment information and fee arrangements."

The report also indicates PNC is claiming the employees are using the bank's confidential information and that they have disclosed it to Huntington, saying it is “inevitable” given the nature of their work.

We'll keep an eye on this one for you. This is another of the in vogue "inevitable use" theories that former employers are trying out, seeing what kind of traction they can get from the courts.


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