On April 12, 2007, Fallon met with McDowell and told him that he was resigning. In September 2004, Wachovia Insurance's president (Stewart McDowell) requested that Fallon sign a written "confidentiality and non-solicitation agreement." This agreement stated that Fallon would accept the status of an at-will employee, and it also included confidentiality and nonsolicitation provisions.Ī couple of years later, Wachovia Insurance reduced Fallon's bonus and commission structure, and Fallon decided to resign and form his own business, Fallon Benefits Group, Inc. After the sale, Fallon continued working for Wachovia Insurance as a senior vice president in the employee benefits area pursuant to a four-year contract. After the sale, Hamilton, Dorsey & Alston became a division of Wachovia Corporation and its name was later changed to Wachovia Insurance Services, Inc. Fallon was an owner of Hamilton, Dorsey & Alston and he received shares of Wachovia Insurance stock and cash as part of the sale. *660 The record shows that Wachovia Insurance purchased Hamilton, Dorsey & Alston Company on May 1, 2001.
Wachovia com myaccounts trial#
Because we find no merit in any of Wachovia Insurance's claims, we affirm the trial court's grant of summary judgment to Fallon and Fallon Benefits. Wachovia Insurance asserts that the trial court erred by granting summary judgment in favor of the defendants and by denying its motion for summary judgment in its favor.
in a case filed by Wachovia Insurance against the defendants after Fallon left his employment with Wachovia Insurance and began competing against it through Fallon Benefits. appeals from the trial court's grant of summary judgment to Stephen Fallon and Fallon Benefits Group, Inc.
0 kommentar(er)
