Reported 2 days ago
Garda Capital Partners has filed a lawsuit against Schonfeld Strategic Advisors, claiming that Schonfeld violated a non-competition agreement by inducing Nicolas Monaghan, a crucial fixed-income portfolio manager, to leave Garda. The suit alleges that Monaghan was lured away with promises of lucrative future employment, despite having generated over $250 million in profits for Garda since 2019. Garda seeks damages for the financial losses stemming from Monaghan's departure.
Source: YAHOO