Edelman Financial Engines claims John Carey violated non-solicitation and trade secret agreements when he moved to Farther, taking 55 clients and over $55 million in AUM.
Scott Curtis will succeed FusionIQ CEO Eric Noll as board chair. During a February meeting, the board also approved soliciting comments for changes to its rules on outside business activities.
The U.S. Treasury Department cites its sudden change of heart as a “step in the interest of supporting hard-working American taxpayers and small businesses.”
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