Christopher William, et al. Missouri Cases

CIBC Bank USA sued former employees Christopher Williams and Brian Landzaat, along with their new companies, alleging breach of contract, breach of fiduciary duties, breach of loyalty, tortious interference, and unjust enrichment, stemming from their departure to form a competing wealth management business and solicit CIBC's customers and employees. The trial court dismissed CIBC's petition for failure to state a claim. The appellate court reversed the dismissal of all six counts, holding that CIBC's petition sufficiently alleged facts to state a claim for each cause of action, and remanded the case for further proceedings.