Labor & Employment
Jul. 17, 2013
Malcolm A. Heinicke
Munger, Tolles & Olson LLP San Francisco Specialty: Litigation
Wells Fargo & Co., a longtime client of Heinicke's, recently turned to the litigator when it and other brokerage houses were being sued over policies governing how their employees could trade securities.
At issue was whether Wells Fargo and others could require that their employees only use internal systems for trading securities. Former brokerage employees had sued claiming such requirement violated the Forced Patronage statute of the California Labor...
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