Joining rival firm? Don't try to get others to come along

Ready to join a rival company, you urge several subordinates and clients to come along. You assume you're safe because you lack a noncompete agreement. Big mistake. Your poaching attempt may bring you big trouble. A growing number of companies sue job hoppers for luring staffers or customers while still employed there. Such lawsuits often claim breach of fiduciary duty. One financial-services concern waged a nasty court fight that stalled defections for months after a manager handed out applications for his new workplace during an office party shortly before he joined the competitor.

Joining rival firm? Don't try to get others to come along deseretnews.com Sun, Nov 11, 2007