Stockton Mortgage Corporation is suing Ixonia Bancshares (dba Novus Home Mortgage), along with 18 former employees – including manager Logan Hoffman and loan officers – alleging they “defected en masse” and breached their contractual obligations of non-solicitation and confidentiality.

The lawsuit was filed on Oct. 22 in the U.S. District Court for the Northern District of Alabama, where the former employees were based. Spokespeople for Stockton and Ixonia did not immediately respond to HousingWire’s requests for comment. 

Kentucky-based Stockton, which had 222 sponsored LOs across 76 active branches as of Tuesday, claims that former employees diverted clients to details ⇒

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