Monday, May 03, 2010

 

Lawsuit settled in case of $5.5B Deutsche team's exit

A lawsuit filed by Deutsche Bank Alex. Brown against a team of top-producing brokers who left the firm for Barclays Wealth Management has been settled.

Deutsche sued the brokers — Scott Zelnick, Padraig McBrien and Heidi Guldbrandsen — after they left the firm last month to join Barclays. The team reportedly produced revenue of $15 million on a $5.5 billion asset base...

Investment News: Lawsuit settled in case of $5.5B Deutsche team's exit

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