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Exiting Employee's Document Retention Guide

James Hightower has worked at Jason Investment Management for 15 years and is now a senior portfolio manager. He has decided to leave to start his own investment business. Before departing, Hightower plans to copy Jason's client list, account statements, marketing presentations, recommended securities list, computer models for asset allocation and stock selection, and his own spreadsheet of corporate recommendations developed during his time as an analyst at Jason without his employer's consent.

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srinu Vasu
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5 views1 page

Exiting Employee's Document Retention Guide

James Hightower has worked at Jason Investment Management for 15 years and is now a senior portfolio manager. He has decided to leave to start his own investment business. Before departing, Hightower plans to copy Jason's client list, account statements, marketing presentations, recommended securities list, computer models for asset allocation and stock selection, and his own spreadsheet of corporate recommendations developed during his time as an analyst at Jason without his employer's consent.

Uploaded by

srinu Vasu
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Example 2 (Former Employer’s Documents and Files):

James Hightower has been employed by Jason Investment Management Corporation


for 15 years. He began as an analyst but assumed increasing responsibilities and is
now a senior portfolio manager and a member of the firm’s investment policy committee.
Hightower has decided to leave Jason Investment and start his own investment
management business. He has been careful not to tell any of Jason’s clients that he is
leaving; he does not want to be accused of breaching his duty to Jason by soliciting
Jason’s clients before his departure. Hightower is planning to copy and take with him
the following documents and information he developed or worked on while at Jason:
(1) the client list, with addresses, telephone numbers, and other pertinent client
information; (2) client account statements; (3) sample marketing presentations to
prospective clients containing Jason’s performance record; (4) Jason’s recommended
list of securities; (5) computer models to determine asset allocations for accounts
with various objectives; (6) computer models for stock selection; and (7) personal
computer spreadsheets for Hightower’s major corporate recommendations, which
he developed when he was an analyst.
Comment: Except with the consent of their employer, departing

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