As complaints about employee raids sweep financial services, Chase Manhattan Corp. is claiming that Dime Bancorp illegally recruited about 50 mortgage bankers to its staff.

In a lawsuit filed with a state court in Tampa, Chase alleged that Dime knowingly violated a nonsolicitation agreement that a former chief executive officer of Chase Manhattan Mortgage signed before joining Dime in December.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.