A hearing on a request by Scudder Kemper Investments of Boston for a preliminary injunction against Robert Hoffman, Scudder's former managing director, is scheduled for May 1. A hearing was scheduled after Scudder filed a complaint in U.S. District Court April 17 alleging Hoffman is violating terms of a separation agreement he signed with the firm. If issued, the injunction would prohibit Hoffman from hiring Scudder-Kemper employees or soliciting any of its clients. A temporary restraining order to prevent Hoffman from hiring Scudder employees was issued when the complaint was filed.
Although Hoffman signed two agreements stating he would not hire Scudder employees for a limited period of time after he left Scudder, Hoffman hired two of the firm's vice presidents to work for his firm, the complaint alleges. Hoffman left to start a hedge fund.