Ex-WSFS Financial Wealth VPs Must Face Contract Breach Trial

A pair of former investment firm vice presidents must go to trial over allegations they breached restrictive covenants with WSFS Financial Corporation‘s Bryn Mawr Trust, and whether one of them misappropriated confidential information.

Citing a factual dispute over whether the non-disclosure and non-solicitation agreements Richard K. Cobb Jr. and F. Christopher Campbell signed were accompanied by new and valuable consideration, as required by state law, the US District Court for the Eastern District of Pennsylvania on July 14 denied in part the defendants’ motions for summary judgment.

If they are enforceable, a jury may find that the men violated …


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