Federal judge denies First Horizon’s injunction request against MCBANK executive (opens original article in a new tab)

A federal judge denied First Horizon's request for a preliminary injunction against MCBANK executive Karl Hoefer, stating the stock agreement did not prohibit employee solicitation.

• Federal judge denied First Horizon's injunction request against MCBANK executive Karl Hoefer.
• The court found the stock agreement did not expressly prohibit employee solicitation.
• The lawsuit seeking monetary damages remains pending in federal court.