San Mateo, Calif.-based EPIC (Edgewood Partners Insurance Center) reached a mutually agreeable and confidential resolution to Arthur J. Gallagher & Co.’s pending lawsuit, the company reported.
AJG and its California subsidiary took legal action in Dec. 2007 after a large number of AJG’s staff went to work for EPIC. The lawsuit, filed in U.S. District Court in San Francisco, alleged that EPIC conducted a “sneak attack” on AJG’s personnel and proprietary information leading up to December, when more than half the employees in one of its offices moved to EPIC.
In an Insurance Journal interview in July 2008, EPIC maintained the employees acted fairly and properly. They did not conspire to leave the company, use insider information or engage in other activities alleged in the lawsuit, agency principal Dan Francis said.
Topics A.J. Gallagher
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