Wilmington Trust sues three former vice presidents

    Wilmington Trust Corp. is suing three of its former vice presidents who allegedly high-tailed it to a rival in advance of the bank’s acquisition by M&T Bank Corp.

    The Associated Press reports Wilmington Trust is suing former veeps Barbara L. McCollum, Robert D. Rosenberg and Paul T. Gordon on grounds that they “misappropriated confidential business information” to their new employer, Citi Private Bank, and recruited colleagues from Wilmington Trust’s Wealth Advisory Services to join them at the Philadelphia-based bank.


    • WHYY thanks our sponsors — become a WHYY sponsor

    WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.

    Want a digest of WHYY’s programs, events & stories? Sign up for our weekly newsletter.

    Together we can reach 100% of WHYY’s fiscal year goal