Irvine Broker Sues Prudential: Liberty Capital Markets Inc., joining a growing group of operations upset with major brokerage houses raiding their talent, sued giant Prudential Securities Inc. for $12 million for allegedly stealing its four top salesmen. The Irvine bond broker and dealer also accuses Prudential of defamation for suggesting that Liberty had gone out of business. A Prudential spokesman said the New York brokerage hired one salesman two years ago and that three others approached Prudential about jobs 16 to 18 months ago.
From Times Staff and Wire Reports
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