An Orange County, California, court ruled Friday in favor of six brokers being sued by their former employer Eastdil Secured for allegedly stealing proprietary information before joining rival Newmark.
Eastdil brought a lawsuit against former West Coast multifamily team members Geoff Boler, Blake Matsuda, Lee Redmond, Eugene Chong, Jonathan Merhaut and Justin Shepherd earlier this month, alleging they stole thousands of pages of company documents and business.
The judge said Eastdil didn’t demonstrate irreparable injury to the company and denied its motions.
“We are disappointed by the court’s decision, especially given most of the defendants admitted they took Eastdil Secured’s documents and information and one defendant admitted to…