FTI Consulting, Inc. v. Secretariat Advisors, LLC

CourtDistrict Court, N.D. Georgia
DecidedMarch 7, 2025
Docket1:24-cv-01356
StatusUnknown

This text of FTI Consulting, Inc. v. Secretariat Advisors, LLC (FTI Consulting, Inc. v. Secretariat Advisors, LLC) is published on Counsel Stack Legal Research, covering District Court, N.D. Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
FTI Consulting, Inc. v. Secretariat Advisors, LLC, (N.D. Ga. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION FTI CONSULTING, INC., et al., Plaintiff, v. CIVIL ACTION FILE NO. 1:24-CV-1356-TWT SECRETARIAT ADVISORS, LLC, Defendant. OPINION AND ORDER This is a tortious interference with contracts case. It is before the Court on Defendant Secretariat Advisors, LLC’s (“Secretariat”) Motion to Dismiss [Doc. 7] and Plaintiffs FTI Consulting, Inc. and FTI, LLC’s (collectively, the “FTI Plaintiffs” or “FTI”) Motion for Certification to the Supreme Court of Georgia [Doc. 17]. For the reasons set forth below, Defendant Secretariat’s Motion to Dismiss [Doc. 7] is GRANTED in part and DENIED in part, and

Plaintiff FTI Consulting’s Motion for Certification to the Supreme Court of Georgia [Doc. 17] is DENIED as moot. I. Background1 This case arises from a dispute between the FTI Plaintiffs and Defendant Secretariat regarding Secretariat’s hiring of former FTI professionals. The Complaint identifies by name ten individuals who were

1 The Court accepts the facts as alleged in the Complaint as true for purposes of the present Motion to Dismiss. , 941 F.3d 1116, 1122 (11th Cir. 2019). allegedly “induced by Secretariat to breach their contracts, fiduciary duties and duties of loyalty with and to FTI and to share FTI’s confidential and trade secret information with Secretariat….” (Compl. ¶ 5). These individuals were

all senior employees at FTI, holding titles such as senior managing director and senior director, before moving to allegedly similar roles at Secretariat. ( ). Upon initially accepting senior roles at FTI, the employees at issue signed employment agreements that included non-compete, non-solicitation, and non-disclosure clauses. The non-compete clause is as follows:

[D]uring the Restricted Period (defined below), Employee will not, directly or indirectly, be employed (in a similar capacity and rendering similar services as when Employee was employed by the Company), lend money to, invest in, or engage in a Competing Business (defined below) in any Market Area (defined below). . . . [F]ollowing the termination of Employee’s employment hereunder, Employee may provide services . . . to an entity engaged in multiple business lines (including a business line that is a Competing Business) provided that the business line(s) for which Employee provides services is not a Competing Business.” (Compl., Ex. A (“Employment Agreement”) § 12 [Doc. 1-1]). The phrase “Restricted Period” refers to the period between the effective date of the employment contract and twelve months from the employee’s termination. ( § 17(a)). “Competing Business” refers to “any line of business, in which Employee was substantially engaged or about which Employee gained substantial Confidential Information during Employee’s employment with the Company, that is conducted by the Company during the period of Employee’s 2 employment with the Company and at the time Employee’s employment ends.” ( § 17(b)). “Market Area” refers to “any place . . . where the Company conducts any business and in which Employee (i) provided products for the

company, (ii) performed services for the Company or (iii) where the Company’s clients for which Employee provided products or services are located.”2 ( § 17(c)). Section 17(c) regarding Market area additionally states: “Employee acknowledges that . . . this geographic scope is reasonable and necessary to protect the Company’s legitimate protectable interests.” ( ). The non-solicitation clause is as follows:

During the Restricted Period, . . . Employee will not, directly or indirectly, whether for Employee or for any other individual or entity (other than the Company):

(a) solicit business regarding any case or matter upon which Employee worked on behalf of the Company during the term of this Agreement;

(b) solicit business from any person or entity who is a client of the Company’s business in which Employee was engaged at the time of or at any time within a twenty-four (24) month period of time immediately prior to the termination of Employee’s employment with the Company; [or]

(c) solicit, induce or otherwise attempt to influence any person who the Company employs or otherwise engages to perform services . . . to leave the employ of or discontinue

2 This “Market Area” definition is somewhat grammatically confusing. The Court construes it to mean “any place . . . where the Company conducts business” and (i) “in which Employee provided products for the Company, (ii) “performed services for the Company,” or (iii) “where the Company’s clients for which Employee provided products or services are located.” ( Employment Agreement § 17(c)). 3 providing services to the company, provided, however, that this restriction will not apply . . . in the case of any [non- clerical] employee whose employment with the Company has been terminated for at least one (1) year . . . ( § 13). And the non-disclosure clause is as follows: Employee’s association with the Company under this Agreement has given and will give Employee access to Confidential Information (defined below) not generally known outside of the Company . . . . Employee will not at any time, except in performing the duties of Employee’s employment . . . use, disclose, or publish any Confidential Information that Employee may learn . . . because of Employee’s association with the Company, or use any such information in a manner that is or may reasonably be likely to be detrimental to the business of the Company. ( § 14). The Employment Agreement defines the phrase “Confidential Information” broadly, as including FTI’s “confidential and propriety information” and “any other information not generally known outside the Company that may be of value to the Company” but excluding “any information already properly in the public domain.” ( ). The FTI Plaintiffs allege six counts regarding Defendant Secretariat’s hiring of former FTI employees: (1) tortious interference with contract and business relations; (2) civil conspiracy; (3) inducing, aiding, and abetting the breach of the fiduciary duty and duty of loyalty; (4) misappropriation of trade secrets under the Defend Trade Secrets Act (“DTSA”), 18 U.S.C. § 1836 ; (5) misappropriation of trade secrets under the Georgia Trade Secrets Act (“GTSA”), O.C.G.A. § 10-1-760 ; and (6) unjust enrichment. Before the Court are two motions: FTI’s Motion to Dismiss and its Motion for Certification 4 to the Supreme Court of Georgia. II. Legal Standard A complaint should be dismissed under Rule 12(b)(6) only where it

appears that the facts alleged fail to state a “plausible” claim for relief. , 556 U.S. 662, 678 (2009); Fed. R. Civ. P. 12(b)(6). A complaint may survive a motion to dismiss for failure to state a claim, however, even if it is “improbable” that a plaintiff would be able to prove those facts; even if the possibility of recovery is extremely “remote and unlikely.” , 550 U.S. 544, 556 (2007). In ruling on a motion to dismiss, the court

must accept the facts pleaded in the complaint as true and construe them in the light most favorable to the plaintiff. , 711 F.2d 989, 994–95 (11th Cir. 1983); , 40 F.3d 247, 251 (7th Cir.

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Bluebook (online)
FTI Consulting, Inc. v. Secretariat Advisors, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/fti-consulting-inc-v-secretariat-advisors-llc-gand-2025.