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CrossCountry chief Ronald Leonhardt may testify underneath oath in his agency’s
A federal decide Tuesday granted Loandepot’s request to depose the competitor’s founder and CEO in an try to find out his position in a recruiting journey for workers. The 2022 lawsuit stems from CrossCountry’s
Already at the least a dozen witnesses have been deposed, and defendants have produced almost 9,000 paperwork of textual content messages and emails. Given Leonhardt’s alleged position within the poaching, a federal courtroom
“Questions stay relating to the extent of his position, he’s in one of the best place to reply these questions, and CC has not recognized another supply from which LD can acquire the knowledge,” wrote Cave, referring to the lenders by their acronyms.
The decide restricted any deposition of Leonhardt to 2 hours, and restricted the scope to questions concerning the recruitment of people and the purported journey. A deposition date was not specified. Each lenders and an legal professional for Loandepot declined to remark Thursday.
Workers who jumped from Loandepot to CrossCountry testified that they flew to Ohio, CCM’s residence base, on Leonhardt’s airplane for a recruiting journey on an unspecified date, in response to courtroom data. Witnesses provided conflicting testimony on the CEO’s involvement within the recruiting pitch, whether or not he solely attended a dinner or spoke with the group.
Tuesday’s submitting additionally references sealed paperwork during which witnesses dispute whether or not Leonhardt authorised signing bonuses, or just “rubber-stamped” them.
Cave in the meantime granted Loandepot’s request for CrossCountry to go looking the non-public e mail accounts and textual content messages of different staff in its bid to uncover the small print of the poaching scheme.
CrossCountry can be countersuing Loandepot, alleging the rival despatched advertising and marketing emails to prospects from the e-mail addresses of staff who had since moved to CrossCountry.
The edges should meet and file a joint letter to debate any remaining depositions within the case, Cave wrote. The lawsuit is
Whereas raiding accusations between mortgage lenders have subsided in current months, a number of
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