Brokers' Employment Suit Backfires, Defendant Awarded $1.6 Million

A federal judge in Pennsylvania has upheld a $1.6 million arbitration award for a mortgage company that was being sued under RICO by two former brokers who sought damages of $20 million or more. The arbitrator ruled that the company owed the two brokers $317,364 for breaching the "protected territories" provision of their employment agree...

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