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nCino agrees to settle antitrust suit for $2.2M, denies claims of wrongdoing - Vimarsana News

nCino agrees to settle antitrust suit for $2.2M, denies claims of wrongdoing

WILMINGTON — After standing its ground amid settlement offers from two other defendants in an antitrust violation civil suit, nCino agreed to a resolution last…

Lawsuit filed over 'gentleman's' no-hire agreement between nCino, Live Oak Bank - Vimarsana News

Lawsuit filed over 'gentleman's' no-hire agreement between nCino, Live Oak Bank

Lawsuit filed over ‘gentleman’s’ no-hire agreement between nCino, Live Oak Bank nCino, a Wilmington-based cloud bank software company. (Source: WECT) By Michael Praats | March 16, 2021 at 11:44 AM EDT - Updated March 16 at 12:13 PM WILMINGTON, N.C. (WECT) - Competition is one of the underlying principles of a free-market economy. Now, two of Wilmington’s leading technology companies are facing a possible class-action lawsuit after allegations of violations of federal antitrust law to stifle competition and keep employee pay low. Live Oak Bank and nCino share a commo...

Source: wect.com