{"id":4453,"date":"2025-03-01T17:18:04","date_gmt":"2025-03-01T17:18:04","guid":{"rendered":"https:\/\/usatrustedlawyers.com\/blog\/wealth-management-company-alleges-former-execs-violated-noncompetes\/"},"modified":"2025-03-01T17:18:04","modified_gmt":"2025-03-01T17:18:04","slug":"wealth-management-company-alleges-former-execs-violated-noncompetes","status":"publish","type":"post","link":"https:\/\/usatrustedlawyers.com\/blog\/wealth-management-company-alleges-former-execs-violated-noncompetes\/","title":{"rendered":"Wealth Management Company Alleges Former Execs Violated Noncompetes"},"content":{"rendered":"\n<div data-v-e97bc92c=\"\">\n<div data-v-e97bc92c=\"\">\n<p>Four former executives with the Cresset Administrative Services Corp. were accused of violating their contracts and nondisclosure agreements in a complaint filed in Illinois federal court Wednesday. Cresset alleges the former employees violated their employment contracts when they quit en masse<i> <\/i>via email and brought client information to their new employer. <\/p>\n<\/div>\n<p>  <!----> <!----> <!----><\/p>\n<div data-v-e97bc92c=\"\">\n<p><b>Takeaway:<\/b> Employment contracts and covenants have become a contested topic in the legal industry as different states decide how to <a href=\"https:\/\/www.law.com\/newyorklawjournal\/2025\/02\/24\/will-2025-be-the-year-new-york-finally-regulates-non-compete-agreements\/\" target=\"_blank\" link-data=\"{\" cms.site.owner=\"\" rel=\"noopener nofollow\">handle noncompete agreements<\/a> and the Federal Trade Commission&#8217;s comprehensive ban on new noncompete agreements <a href=\"https:\/\/www.law.com\/newyorklawjournal\/2025\/02\/24\/will-2025-be-the-year-new-york-finally-regulates-non-compete-agreements\/\" target=\"_blank\" link-data=\"{\" cms.site.owner=\"\" rel=\"noopener nofollow\">remains in legal limbo<\/a>. <\/p>\n<\/div>\n<p> <!----> <!----> <!----> <!----><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Four former executives with the Cresset Administrative Services Corp. were accused of violating their contracts and nondisclosure agreements in a complaint filed in Illinois federal court Wednesday. Cresset [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1796,413,354,4885,2334,4540,4884],"class_list":["post-4453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lawyers","tag-alleges","tag-company","tag-execs","tag-management","tag-noncompetes","tag-violated","tag-wealth"],"_links":{"self":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=4453"}],"version-history":[{"count":0,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4453\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media\/4454"}],"wp:attachment":[{"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=4453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=4453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usatrustedlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=4453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}