Former Fidelity employee attempts to win over old clients

As a business leader, you might hope that you can trust your employees to respect the company both during and after their period of service. Employees have access to the secrets and resources of the business, after all.

Fidelity Brokerage Services has found itself in a difficult situation with a former broker. Although the broker left the company last December, he did not leave everything behind. Namely, Fidelity alleges that the broker contacted several of his previous clients, persuading them to switch from Fidelity to his new employer, Merril Lynch.