For many years, Jeremy worked for Pearl Inc.Over the years, he rose through the ranks and eventually occupied a very senior position.In that position, he enjoyed access to highly valuable and confidential information.His fiduciary duties prevented him from taking a personal benefit from his position.Last year, however, he quit his job and started working for a rival company.By doing so, he necessarily breached his fiduciary duty to the first company.

Question

Quizplus · Accepted Answer

Leaving a company to work for a rival does not necessarily constitute a breach of fiduciary duty. The breach would depend on whether he misused confidential information or violated specific terms of his employment contract, such as a non-compete clause.

For Many Years, Jeremy Worked for Pearl Inc