Escrow agent SRS Acquiom and PNC Bank have reached a settlement to end a yearslong trade secrets misappropriation litigation that started in 2019 and alleged that two former employees used confidential information at their new roles to help PNC to compete with their predecessor.

Keker, Van Nest & Peters in San Francisco represented the Denver-based SRS in the case, which settled earlier this month, according to a minute order on the docket. The suit was originally filed in the U.S. District Court for the District of Colorado.