San Mateo, Calif.-based EPIC (Edgewood Partners Insurance Center) announced that it has reached a mutually agreeable and confidential resolution to Arthur J. Gallagher & Co.’s pending lawsuit.
Arthur J. Gallagher and its California subsidiary took legal action in Dec. 2007 after a large number of Arthur J. Gallagher’s staff went to work for the EPIC. The lawsuit, filed in U.S. District Court in San Francisco, alleged that EPIC conducted a “sneak attack” on the other
company’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 interview with Insurance Journal 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.
Source: EPIC
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