Featured in the top story on Employment Law This Week: Former employees turned competitors in Pennsylvania are hit with $4.5 million in punitive damages.
An insurance brokerage firm sued a group of employees, claiming that they violated their non-solicitation agreements by luring away employees and clients to launch a new office for a competitor. A lower court awarded the firm nearly $2.4 million in compensatory damages and $4.5 million in punitive damages because of the defendants’ outrageous conduct. On appeal, the appellate court agreed and upheld all damages.
See the segment below and read our recent blog post on this topic.