Question
Gert Allen currently works at Michigan Capital Associates (MCA) as a portfolio analyst and manager. Without telling her employer, she begins making plans to form
Gert Allen currently works at Michigan Capital Associates (MCA) as a portfolio analyst and manager. Without telling her employer, she begins making plans to form her own company. On her own time, she completes the registration requirements to start her firm. Her new firm will compete with her employer. With regard to contacting the customers of MCA and trying to win them away from MCA to go with her new firm, which of the following would be in violation of the standard. Indicate V if it is in violation and N if it is not in violation.
1. While employed by MCA and discussing other business with the customer, she mentions that she is leaving to start her own firm and indicates that she would like to continue serving them, if they decided to move their business to her firm.
2. While employed by MCA ,but on her own time she contacts MCAs clients and suggests that they leave MCA for her new firm.
3. Before she resigns from MCA, Girt copies her client list with their phone numbers from a computer file and then uses the list to contact the clients after she quits MCA. The client list was developed by MCA. When Girt started working for MCA she was given charge of the portfolio of clients that was put together by a marketing division at MCA.
4. Before she resigns from MCA, Girt copies her list of clients with their phone numbers from a computer file and then uses the list to contact the clients after she quits MCA. Girt originally developed the client list without any other assistance from MCA by doing cold calls while working for MCA
5. Girt does not take or copy any client list, but remembers all of her customers, as well as some of the customers of other portfolio managers at MCA. She calls these customers after she leaves employment with MCA and invites them to move their account to her firm.
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