28-07-2017 10:35 via insuranceinsider.com

Alliant sued for targeting Wells Fargo brokers

Alliant faces yet another accusation of poaching brokers, this time
from Wells Fargo.
In legal papers filed late Wednesday (26 July) in a Delaware
state court, the San Francisco-based bank claimed Alliant is using
confidential information shared with prospective buyers of Wells
Fargo's insurance services group to identify and recruit sales
executives in cities across the US.
It said Alliant CEO Tom Corbett has directly participated in the
recruiting efforts.
Alliant competitor USI agreed to buy
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