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Old National Sues Bell Bank over Alleged Employee ...

On Dec. 15, Old National Bank filed an 11-count complaint in U.S. District Court-District of Minnesota, alleging Bell Bank orchestrated en masse resignations from two Minnesota branches and named eight former ONB employees as defendants for taking confidential data.
ONB alleges the scheme was a coordinated, preplanned effort by Bell Bank and the eight former employees, requiring weeks of planning while they owed a fiduciary duty, and that Bell intends to open a Brainerd-Baxter branch.
On Dec. 8, every senior banker at the Brainerd branch and key Baxter employees simultaneously resigned, submitting letters with identical typographical errors and quickly joining Bell Bank to serve the same clients.
The complaint asks the court to bar employees and recover damages after ONB says resignations closed Brainerd and Baxter branches, solicited clients like Cedarbrook Lumber, and demanded certifications.
The lawsuit highlights broader reputational and economic stakes as ONB closed on its $1.4 billion Bremer Bank purchase and laid off 244 former Bremer employees, while Bell Bank disputes wrongdoing.

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Old National Bank claims Bell Bank poached employees

Old National Bank claims former employees are using confidential information for the solicitation of Old National Bank customers and personnel to Bell Bank, according to a lawsuit.

9 days ago·Fargo, United States

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Brainerd Dispatch

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Old National Bank claims Bell Bank poached its Brainerd and Baxter employees

BRAINERD — Old National Bank is suing Bell Bank and eight former Old National Bank employees in Brainerd and Baxter for allegedly poaching employees and confidential information. The 11-count lawsuit, filed Dec. 15 in U.S. District Court-District of Minnesota, claims Bell Bank, which currently does not have a location in the Brainerd area, and its former employees are in violation of federal and state law by misappropriating trade secrets, breac…

9 days ago·Brainerd, United States

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Old National accuses Bell Bank of ‘coup d’état’

Eight former ONB employees resigned in concert before moving to Bell Bank. In a lawsuit Monday, Old National said the “coup d’état” was “designed to cause maximum disruption."

9 days ago

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