Mercer Global Advisors Inc. v. Crowley

CourtDistrict Court, N.D. Georgia
DecidedMarch 15, 2023
Docket1:21-cv-03932
StatusUnknown

This text of Mercer Global Advisors Inc. v. Crowley (Mercer Global Advisors Inc. v. Crowley) 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
Mercer Global Advisors Inc. v. Crowley, (N.D. Ga. 2023).

Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION

MERCER GLOBAL ADVISORS INC.,

Plaintiff, v. CIVIL ACTION NO. 1:21-CV-03932-JPB CHARLES CROWLEY,

Defendant.

ORDER This matter is before the Court on Charles Crowley’s (“Defendant”) Motion for Summary Judgment [Doc. 31] and Mercer Global Advisors Inc.’s (“Plaintiff”) Motion for Partial Summary Judgment and Permanent Injunction [Doc. 33]. This Court finds as follows: BACKGROUND This case involves an alleged violation of an employment agreement. Plaintiff provides financial planning, investment management and other financial services to individuals and businesses across the United States.1 [Doc. 41-10, p.

1 The Court derived the facts of this case from the parties’ statement of facts and the responses filed thereto. The Court also conducted its own review of the record. In accordance with the Local Rules, this Court did not consider unsupported facts. The Court did, however, use its discretion to consider all facts that the Court deemed material after reviewing the record. 1]. On January 1, 2021, Defendant began working for Plaintiff as a Wealth Advisor after Plaintiff acquired substantially all of the assets of Defendant’s former employer, Atlanta Financial Associates, LLC (“AFA”). Id. As a condition of being employed by Plaintiff, Defendant signed two different agreements: (1) an

Employment Agreement and (2) a Restrictive Covenant Agreement. The Restrictive Covenant Agreement contained a Confidentiality Covenant and a Nonsolicitation Covenant. In pertinent part, the Confidentiality Covenant

stated the following: Employee recognizes and acknowledges that during the course of employment with Company, Employee has had or will have access to trade secret and confidential information related to the Company’s business that Employee agrees to keep confidential at all times. Such confidential information includes, but is not limited to, any and all documents received or generated by Company; client lists, client records, . . . client and supplier contact information, client preference data, . . . information belonging to or provided in confidence by any individual, client, supplier, trading partner or other person or entity to which the individual had access by reason of an individual’s employment with the Company, or any other information that derives economic value from being confidential to or trade secrets of Company (hereinafter “Confidential Information”).

[Doc. 33-4]. With respect to the Confidential Information, the Confidentiality Covenant mandated that: Employee will not, during or after the term of employment: (i) publish, disclose, or make accessible any Confidential Information or any part thereof, to any person, firm, corporation, or association or other entity for any reason whatsoever; or (ii) use or generate benefit from such information, except during employment with Company and for the benefit of Company, without prior written permission of the President of Company. Id. The Confidentiality Covenant also provided that “Employee shall return all tangible evidence of such Confidential Information . . . to Company prior to or at the termination of employment with Company”; “Employee shall only access Company’s Confidential Information on Company issued devices . . . and shall not access Company’s Confidential Information from any personal or non-company issued device”; and “Employee hereby promises not to download, copy, write, list, or compile in any shape or form any contact information for any Company client or prospect, including clients he/she is personally servicing.” Id.

The Nonsolicitation Covenant stated the following: Employee agrees that during his/her relationship with Company and for a period of twenty-four (24) months after termination of that relationship, whether voluntary or involuntary, with or without cause, Employee will not, directly or indirectly, (a) solicit or counsel any existing, prospective or former client or referral source of Company regardless of such person’s or entity’s location, to terminate any business relationship with Company and/or commence a similar business relationship with any other individual or business entity; (b) accept or service, with or without solicitation, any business from any existing, prospective or former client or referral source of Company, regardless of such person’s or entity’s location. Id. In March 2021, just two months into Defendant’s employment with Plaintiff, Defendant began speaking with John Rogers and Mike Mess from Veracity Capital (“Veracity”) about potential employment. [Doc. 41-10, p. 6]; [Doc. 41-8, p. 2]. Veracity made Defendant an offer of employment in May 2021, which Defendant

accepted.2 [Doc. 41-10, p. 6]. On May 5, 2021, Defendant sent a client list to his personal e-mail account. Id. at 7. The client list included the names of the clients Defendant serviced while

he was employed by Plaintiff. [Doc. 33-13, p. 112]. It also included the service level (i.e., whether in an advisory capacity or wealth management capacity), the meeting frequency, the meeting preference (i.e., in person or over the phone) and how often personal assistance was required. [Doc. 34-1]. Defendant testified that

he never accessed the e-mail or its attachments after sending it. [Doc. 44-1, p. 27]. Moreover, Defendant asserted that he sent the e-mail in connection with a presentation that he was giving to other employees. [Doc. 31-1, p. 8].

During May, June and July of 2021—the period of time after Defendant accepted a job at Veracity and was still employed by Plaintiff—Defendant was in contact with all of the clients that he serviced for Plaintiff. Specifically, Defendant e-mailed his personal cell phone number to all of the clients and personally met

2 The exact date of the acceptance is unknown. with at least some of them. [Doc. 37, p. 77]. In two of those client meetings, Defendant told the client that he was leaving or considering leaving his employment with Plaintiff. [Doc. 37, p. 56]; [Doc. 33-13, p. 37]. He did not tell those clients where his new employment would be.

Defendant resigned from Plaintiff on July 30, 2021, and his last day as an employee was on August 30, 2021. [Doc. 37, p. 9]. After his final day of employment, Defendant contacted all forty-two clients that he serviced while he

was Plaintiff’s employee. [Doc. 33-1, p. 6]. Defendant asserts that he called these clients to inform them that he had left his employment with Plaintiff and to apologize to the clients for not telling them before his last day that he was leaving. [Doc. 37, p. 38]. During these conversations, Defendant told some of the clients

that he was working at Veracity. Id. Of the forty-two clients that Defendant contacted after he left his employment with Plaintiff, seven of them transferred their accounts to Defendant.

[Doc. 41-10, p. 16]. Defendant presented affidavits from clients that transferred their business to Defendant and those who did not, and all of these clients maintained that Defendant never asked them to transfer their business. Conversely, Plaintiff presented evidence from Cathy Miller, a Senior Wealth

Advisor and Senior Director for Plaintiff, who stated that some of the clients told her that they were solicited by Defendant or that they were under the impression that Defendant was asking them to move with him to Veracity.3 [Doc. 36, p. 34]. Plaintiff filed suit against Defendant on September 23, 2021, asserting the following causes of action: (1) breach of contract; (2) misappropriation of trade

secrets; (3) tortious interference with business relations; (4) tortious interference with contract; and (5) breach of the duty of loyalty. [Doc. 1]. On August 4, 2022, Defendant filed his filed his Motion for Summary Judgment. [Doc. 31]. The same

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Mercer Global Advisors Inc. v. Crowley, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mercer-global-advisors-inc-v-crowley-gand-2023.