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And the battle continues ... Russell, Utah sue Wellington over noncompete clause
- Source :
- Pensions & Investments. April 6, 1998, Vol. 26 Issue 7, p2, 2 p.
- Publication Year :
- 1998
-
Abstract
- Utah Retirement Systems and Frank Russell Co. are suing Wellington Management Co. to allow former partner Arnold Schneider to continue to work with them. If the non-compete agreement is maintained, Utah and Russell want $1 billion in damages each. Utah estimates it will cost $9 million to move its $500 million account and Russell estimates it will cost $20 million to move its $1 billion account.
- Subjects :
- Corporations -- Management
Banking, finance and accounting industries
Business
Subjects
Details
- ISSN :
- 10504974
- Volume :
- 26
- Issue :
- 7
- Database :
- Gale General OneFile
- Journal :
- Pensions & Investments
- Publication Type :
- Periodical
- Accession number :
- edsgcl.20473336