"JPMorgan is seeking a temporary restraining order and injunctive relief in federal court against a former advisor, alleging he stole confidential information and is using it to solicit the firm's clients to join him at his new affiliate, LPL Financial. In its complaint, filed yesterday in the U.S. District Court for the Southern District of Florida, JPMorgan accused Kevin J. Sercia of Stuart, Fla., of breach of contract and breach of the duty of loyalty."
"According to the complaint, "Sercia engaged in extensive, highly suspicious computer access of JPMorgan's systems in the hours before he resigned." It said, "he accessed approximately 175 client profiles on JPMorgan's Advisor Central system after business hours, the majority of them in rapid succession." Sercia, who had been with JPMorgan since August 2020, was a private client advisor before his abrupt resignation on Dec. 3, the complaint said"
JPMorgan is seeking a temporary restraining order and injunctive relief in federal court against former advisor Kevin J. Sercia for alleged theft of confidential client information and solicitation of clients to his new affiliate, LPL Financial. JPMorgan alleges breach of contract and breach of the duty of loyalty. JPMorgan reports that Sercia engaged in extensive after-hours computer access shortly before his Dec. 3 resignation, including accessing approximately 175 client profiles on its Advisor Central system, many in rapid succession. Sercia had been a private client advisor with JPMorgan since August 2020.
Read at DataBreaches.Net
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