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Court dismisses loanDepot poaching lawsuit against competitor

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Nonbank Financial
Friday, August 2, 2024
A federal court dismissed charges filed by loanDepot.com accusing a competitor of poaching 25 employees and coercing them into divulging trade secrets, among other allegations. Filed in July 2023, the case was one of two poaching lawsuits filed by loanDepot within a year’s time.

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