Mortgage lenders loanDepot and Movement Mortgage have agreed to end a one-year dispute over the poaching of employees, according to a document filed Friday in a district court in Delaware.  

In June 2023, California-based loanDepot accused its competitor of damaging its business by hiring more than 25 of its employees in a three-month period. According to loanDepot, Movement’s actions in late 2021 and early 2022 resulted in “effectively crippling” several “now-depleted” branches. Movement aimed to take trade secrets and confidential information, loanDepot alleged.

After about a year, the companies details ⇒

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