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Schwab-TD Ameritrade merger layoffs leave many ex-staffers shackled with non-compete agreements

Friday, December 11, 2020 🞕︎ RIABiz

RIABiz interviewed Jack Edwards about the strength and enforceability of non-compete agreements that are hindering job prospects for laid-off Schwab and TD Ameritrade employees.

Typically waivers are only granted in situations where an ex-employee is patently unthreatening, says John S. "Jack" Edwards Jr., attorney, and partner with Ajamie LLP. who has sued wirehouses for how they withhold deferred compensation earned by brokers.
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