Tr?id=566623520170033&ev=PageView&noscript=1

Mariner Wealth Advisors Request Temporary Halt to Edelman's Poaching and Defamation Lawsuit

Posted on December 15th, 2023 at 2:23 PM
Mariner Wealth Advisors Request Temporary Halt to Edelman's Poaching and Defamation Lawsuit

From the desk of Jim Eccleston at Eccleston Law 

Mariner Wealth Advisors has sought a court order to temporarily halt a lawsuit filed by Edelman Financial Engines, alleging that Mariner poached advisors and misappropriated trade secrets.

Mariner argues that Edelman already has similar issues pending in arbitration cases and another lawsuit against the advisors named in the suit against Mariner. Financial Advisor News contends that pausing the lawsuit would promote judicial economy and prevent potentially inconsistent results.

In its suit, Edelman accuses Mariner of damaging its reputation, poaching advisors, and running Edelman out of business. Mariner counters that the advisors joined the firm willingly and separately over the past three years. Mariner asserts that Edelman's accusations are baseless and part of an unlawful campaign to stifle competition in the industry.

 

Eccleston Law LLC represents investors and financial advisors nationwide in securities, employment, transition, regulatory, and disciplinary matters.

Tags: eccleston, eccleston law

Return to Archive

TESTIMONIALS

Previous
Next
Quotes Bigger

I want to thank you for your excellent professional representation. It was greatly appreciated.

Michael M.

LATEST NEWS AND ARTICLES

1790960250 Law
October 2, 2026
FINRA Arbitrators Award Schwab Client $1.34 Million in Cryptocurrency Scam Dispute

A Financial Industry Regulatory Authority (FINRA) Dispute Resolution Services arbitration panel awarded nearly $1.34 million in compensatory damages to a Charles Schwab & Co.

1790867615 Law
October 1, 2026
Prosecutors Target Multimillion-Dollar Investment Schemes Involving Promissory Notes

Federal prosecutors recently pursued two investment fraud cases involving promissory notes that caused combined investor losses exceeding $25 million.

1790789328 Law
September 30, 2026
SEC Approves FINRA Overhaul of Outside Business Activity Rules

The Securities and Exchange Commission (SEC) has approved FINRA's long-awaited overhaul of the rules governing outside business activities and private securities transactions by financial advisors.