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J.P. Morgan Securities files suit against former client advisor for alleged breach of contract

LOUISIANA RECORD

Saturday, November 23, 2024

J.P. Morgan Securities files suit against former client advisor for alleged breach of contract

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BATON ROUGE — A national broker-dealer is suing Angelique G. Manne, a former client advisor, citing alleged breach of her employment agreement.

J.P. Morgan Securities LLC filed a complaint on Dec. 2, in the U.S. District Court for the Middle District of Louisiana against Angelique G. Manne alleging that the former client advisor failed to comply with their non-solicitation agreement.

According to the complaint, the plaintiff alleges that as a result of defendant's conduct, it has suffered and will continue to suffer irreparable harm. The plaintiff holds Angelique G. Manne responsible because the defendant allegedly abruptly departed from plaintiff on Nov. 10, and immediately commenced her employment with Morgan Stanley Smith Barney LLC, retained plaintiff's confidential informations and solicited plaintiff's clients on behalf of her new employer.

The plaintiff requests a trial by jury and seeks permanent injunctive relief, enjoining and restraining defendant from soliciting plaintiff's clients, ordering defendant to return plaintiff's confidential informations and such other relief as the court deems just and proper. It is represented by John W. Hite III of Salley, Hite, Mercer & Resor LLC in New Orleans.

U.S. District Court for the Middle District of Louisiana Case number 3:16-cv-00818

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