Stifel sues rival financial firm over mass exodus from Indianapolis office – Indianapolis Business Journal
Stifel is suing a newly-formed competitor firm, Sapient Capital, alleging that Sapient conducted an "orchestrated raid" of Stifel's 96th Street office, convincing nearly all the employees to jump ship and attempting to bring their clients and their $10 billion in assets with them. Sapient characterizes the situation differently.
Source: ibj.com