Several former Stockton Mortgage Corp. employees have denied allegations that they misappropriated trade secrets and interfered with the company’s business after leaving to join competitor Ixonia Bancshares, operating as Novus Home Mortgage, according to court filings.
Eighteen defendants filed their answers Monday in the U.S. District Court for the Northern District of Alabama, responding to a third amended complaint filed by Stockton Mortgage on June 22.
The suit, initially filed by Stockton in October 2025, accuses 18 former employees and Novus of orchestrating the departure of employees and “defecting en masse,” as well as violations of their nonsolicitation and confidentiality agreements.
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