Pacific Valley Bank v. Servi CA6

California Court of Appeal·Decided August 19, 2026·No. H052965·Unpublished

Opinion

Filed 8/19/26 Pacific Valley Bank v. Servi CA6

NOT TO BE PUBLISHED IN OFFICIAL REPORTS California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SIXTH APPELLATE DISTRICT

PACIFIC VALLEY BANK, H052965 (Monterey County

Plaintiff and Appellant, Super. Ct. No. 22CV001272)

v.

JOSEPH S. SERVI et al.,

Defendants and Appellants.

In these appeals arising from a trade secret misappropriation case, defendant Joseph S. Servi appeals (1) the judgment entered in favor of Servi’s former employer, Pacific Valley Bank (Pacific Valley), for trade secret misappropriation, and (2) the award of damages to Pacific Valley. Pacific Valley appeals the judgment in favor of Servi’s current employer and codefendant, Pinnacle Bank (Pinnacle), for trade secret misappropriation.

The trial court found that Pacific Valley’s customer lists are trade secrets under the California Uniform Trade Secrets Act (UTSA) (Civ. Code,1 § 3426 et seq.). The court further found that Servi misappropriated the customer lists by taking them with him when he left Pacific Valley to join

1 All further unspecified statutory references are to the Civil Code.

Pinnacle and using them to send marketing e-mails from his Pinnacle e-mail address to Pacific Valley customers. The court found Servi’s misappropriation of the customer lists harmed Pacific Valley, and it awarded Pacific Valley damages.

The trial court also found that Pinnacle had neither participated in nor ratified Servi’s misappropriation of Pacific Valley’s customer lists and was not liable for misappropriation.

On appeal, Servi contends the trial court’s conclusions lack factual support and must be reversed. In its appeal, Pacific Valley asserts that Pinnacle is liable for trade secret misappropriation under the doctrine of respondeat superior or, alternatively, under the principle of ratification.

For the reasons explained below, we affirm.

I. FACTS AND PROCEDURAL BACKGROUND2 A. Facts Pacific Valley and Pinnacle are banks in Monterey County whose customers are businesses and consumers in the Monterey County area. Pacific Valley and Pinnacle are competitors.

Pacific Valley hired Servi as a senior vice president and senior business banker in December 2015. In accepting employment, Servi signed Pacific Valley’s offer letter, agreeing (1) to keep confidential any nonpublic information or data shared with him about Pacific Valley or resulting from his work at Pacific Valley, (2) not to use such information or data except as needed to perform his job duties, and (3) not to disclose such information or data without prior written authorization from Pacific Valley. The letter

2 “We recite the essential relevant facts ‘in the manner most favorable

to the judgment, resolving all conflicts and drawing all inferences in favor of respondent.’ ” (Nwosu v. Uba (2004) 122 Cal.App.4th 1229, 1233, fn. 2; Haydon v. Elegance at Dublin (2023) 97 Cal.App.5th 1280, 1287.)

stated that these obligations would survive the involuntary or voluntary termination of Servi’s employment.

In addition, Servi understood from the offer letter that he was expected to comply with the employee handbook and not use Pacific Valley’s nonpublic information and data for any purpose other than performing his job duties.

The employee handbook in effect at the time Servi was hired required employees not to “copy, use, or transfer trade secrets or proprietary materials of [Pacific Valley] or others without appropriate authorization,” required them to protect the privacy of its customers, prohibited them from disclosing any proprietary and nonpublic information (including, without limitation, customer information, trade secrets, financial information, and strategic business plans), and directed them not to discuss confidential or proprietary business matters with any other business entities or disclose the bank’s business information “to outside individuals” unless authorized by the bank or its customers. The employee handbook defined confidential information as including client lists.

The employee handbook directed Pacific Valley’s employees and directors to use customer information only for bank purposes. It informed them that “[t]he use of such information for personal, family, or other gain is unethical and illegal under securities rulings and federal statutes” and “may result in disclosure of insider information.” The handbook stated that Pacific Valley “may advise legal officials or appropriate third parties of policy violations and cooperate with official investigations.”

The employee handbook instructed employees leaving Pacific Valley’s employment to return all Pacific Valley property “upon discharge” and stated that Pacific Valley may “seek the return of [its] property through appropriate legal recourse.”

In addition to the obligations set forth in its offer letters and employee handbooks, Pacific Valley utilizes security measures to protect its data, including a data loss prevention system, security audits, a confidentiality pop-up agreement incorporated into its login protocol, annual training on handling private customer and trade secret information, and an exit process that addresses the return of confidential information and trade secrets.

Pacific Valley’s data loss prevention system protects its firewalls and e-

mail systems. The bank undergoes approximately eight security audits each year, including social engineering, external penetration testing, internal penetration testing, external vulnerability, and IT audits.

Pacific Valley’s computer system requires users to acknowledge and accept a confidentiality agreement that appears in a pop-up window upon each attempt to log into the system. The pop-up message states: “This computer system and its software is the property of Pacific Valley [] and is for authorized use only. All information obtained through this system is the proprietary property of Pacific Valley []. Installing or copying any unauthorized software to this system is prohibited. The use of this system may be monitored for computer security purposes. Unauthorized access to [t]his computer system is prohibited, and is subject to criminal and civil penalties.”

Pacific Valley employees are required to take training courses, including courses on financial privacy, bank security, privacy essentials, information security, privacy compliance, and cybersecurity. Servi took these courses.

During the COVID-19 pandemic, Pacific Valley decided to issue payroll protection program (PPP) loans3 to both existing and new customers and use the loans to develop its relationships with its new customers so that the new customers would use Pacific Valley for other services. As part of this strategy, Pacific Valley prepared lists of its PPP loan customers (the customer lists), supplying one customer list for each of its relationship managers (Servi, Terri Sisk, and two others) and their manager, Sue Storm. Pacific Valley intended that its relationship managers would use their respective customer lists “to nurture [the] relationships” with the PPP loan customers and grow the bank’s business. Pacific Valley shared this marketing strategy with its relationship managers, and Servi understood this to be the bank’s strategy. Approximately 55 percent of the PPP loans issued by Pacific Valley were to existing customers, and 45 percent were to new customers.

To compile the customer lists, Pacific Valley collected and uploaded its customers’ PPP application information, analyzed the data to see if the customers qualified for a PPP loan, got the loans approved by the Small Business Administration (SBA), processed the loans, and opened up new accounts to disburse the funds from the SBA to the customers.

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