General World News

Movement accuses Summit founder Todd Scrima of corporate espionage

South Carolina-based retail lender Movement Mortgage filed a lawsuit this week against Todd Scrima, founder and president at its competitor Summit Funding, accusing him of gaining illegal access to Movement’s confidential financial files and also scheming to divert Movement’s customers toward Summit. 

It’s the latest salvo in a legal battle that started after the three of Movement’s veteran sales executives — Deran Pennington, Matt Schoolfield and Chris Shelton — left for Summit in July

On Nov. 17, HousingWire reported that Movement accused Summit and its former sales executives of poaching. The November lawsuit included claims details ⇒

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