General World News

Movement sues Summit, former veteran sales executives for poaching

The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching. 

HousingWire reported in July hat Movement’s national sales director Deran Pennington, leader of the South and Central division Matt Schoolfield and leader of the Eastern U.S. division Chris Shelton parted ways after more than a decade working at the company to join Summit.  

In reaction, Movement filed a lawsuit in a U.S. district court in North Carolina in early October, accusing its former executives and the competitor of details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com