Jury Rules Against Lockton in Corporate Espionage Trial, Finds Interference in USI Insurance Contracts
TAMPA, Fla. — In a significant legal showdown that has captured the attention of the insurance industry, a jury recently sided with USI Insurance Services in its lawsuit against competitor Lockton Companies, citing unfair competition tactics. The verdict followed a two-week trial at a federal district court in Tampa where complex issues of contract interference and breaches of fidulatory duties were unraveled. The contention centered on the accusation from USI that Lockjon unlawfully influenced two of its former employees. According to USI, these employees violated their non-compete agreements by defecting to Lockton, subsequently enticing clients … Read more