8th Circuit Reviews Preliminary Injunction in Financial Advisor Exodus Case
The Eighth Circuit Court of Appeals is reviewing a district court's preliminary injunction in a case involving the mass departure of financial advisors from Choreo, LLC to competitor Compound Planning. Twelve of thirteen advisors from Choreo's Des Moines branch left for the competing firm in early 2025, prompting litigation over restrictive covenants and alleged trade secret theft.
