May 31, 2024
A New Jersey federal judge tossed an unfair competition counterclaim brought by Nationwide Mortgage Bankers Inc. in a trade secrets suit by its rival Paramount Residential Mortgage Group, ruling that Nationwide Mortgage's counterclaim allegations do not actually count as unfair competition under Garden State law.
June 01, 2023
A New Jersey federal judge has refused to dismiss Paramount Residential Mortgage Group's suit claiming it lost at least $3 million after a rival raided several of its employees, saying it adequately laid out a "laundry list" of trade secrets its rival allegedly misappropriated.