Key Investment Wins Restraining Order Against Former Advisers

KeyCorp subsidiary Key Investment Services LLC was granted a temporary restraining order against two former financial advisers who allegedly solicited more than $50 million worth of client accounts using confidential lists.

Key sufficiently demonstrated a likelihood of success of the merits by producing evidence that John Min Sul and Angela Saladis likely retained the customer lists and used them to solicit Key’s customers for their new company Platform Wealth LLC, the US District Court for the Western District of Washington said Monday.

The court granted a TRO barring Sul and Saladis from using or disclosing Key’s confidential information and soliciting ...