Finding that he took “brazen” efforts to thwart his employer from enforcing a restrictive covenant, a federal judge has ordered a successful stock broker not to do any business with the clients he began contacting moments after he resigned his post at Merrill Lynch to take a job at Dean Witter.
U.S. District Judge Bruce W. Kauffman also ruled that if any client of Todd E. Napolitano asks to have an account transferred by using a form that Napolitano supplied just after his resignation, Dean Witter must refuse the transfer and send the client a letter that says the court has enjoined both Napolitano and Dean Witter from conducting business with them.
