The British bank Barclays has agreed to settle a lawsuit with Singapore-based recruiter Pagoda Partners for allegedly failing to pay for a banker it hired from Merrill Lynch. Financial terms were not disclosed. John Koh, a managing director at WMRC Pte. in Singapore, a finance industry recruitment firm, said it is “always better to settle than [...]
Artices Tagged ‘lawsuits’
In Barclays Settlement, Is Client Relationship Preserved?
May 24th, 2010
Barclays Sued for Payment
May 3rd, 2010
Pagoda Partners, a Singapore-based recruiter, is suing the British bank Barclays after allegedly referring a high-level candidate from Merrill Lynch but never receiving its fee. According to the lawsuit, Pagoda sent Barclays the candidate’s resume in January 2009. However, attorneys for Barclays say the new employee — who earned $348,000 in his first year — [...]
JPMorgan Alleges Poaching in Lawsuit
October 24th, 2008
As if things weren’t busy enough for JPMorgan Chase this week, on Thursday it filed a lawsuit against executive search firm The IDW Group, alleging breach of contract. JPMorgan claims that New York-based IDW enticed employees to leave JPMorgan for positions elsewhere, including Citadel Investment Group. The lawsuit alleges that the recruitment agency solicited Patrik Edsparr, a [...]
TempWorks Software Sues Avionte
October 8th, 2008
TempWorks Software, which has been around since 1959, has filed a lawsuit against Avionté, alleging copyright infringement of TempWorks source code, database design, and marketing materials. TempWorks Software alleges that Avionté principals were employed by TempWorks Software between 1997 and 2006. TempWorks CEO Gregg Dourgarian said in a statement, “When my father wrote the ancestor programs from [...]
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