Simply Wall St.4d agobearish
SoFi Technologies (SOFI) Faces Lawsuit Over 30 Mortgage Hires And Trade SecretsSoFi Technologies (NasdaqGS:SOFI) has been sued by Citizens Bank, which claims SoFi poached 30 mortgage staff and misused trade secrets. The complaint alleges racketeering, interference with employment contracts, and improper use of confidential customer and pricing information. Citizens Bank argues the hiring cluster created an unfair advantage in mortgage lending by targeting a single high performing group. The lawsuit over alleged employee poaching and trade secret misuse only captures...