01/08/2020

Brad Williams is Quoted in Denver Business Journal on Bank Trade Secrets Lawsuit Signals ‘Dangers' in Denver Banking Hiring

Denver Business Journal

Holland & Hart’s Brad Williams, a labor and employment attorney in the firm’s Denver office, was quoted in a Denver Business Journal article titled “BOK Financial trade-secrets lawsuit signals ‘dangers’ in Denver banking-industry hiring,” published online January 8, 2020.

Last month, BOK Financial (Nasdaq: BOKF) settled its trade secret lawsuit against Sunflower Bank and Kelly Condon, a former BOK Financial executive who now works for Sunflower Bank. But several Denver-based employment attorneys told Denver Business Journal that similar lawsuits in the Colorado banking industry are likely.

And Brad Williams, who is of counsel for Holland & Hart’s Labor & Employment Practice, said this lawsuit could serve as a warning to hiring managers in the banking industry.

“It likely reinforced the dangers attendant to hiring a competing bank’s executives in an increasingly competitive market … The fact of the lawsuit itself — and the time and expense the parties spent litigating it before settling —likely signaled to banking executives that they must be very careful in hiring a competitor’s employees,” Williams said in an email.

To read the full article online, click here. (Subscription required).

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