An adviser has lost an application to strike out a court case brought by his former employer which alleges that he breached non-solicitation, non-dealing and non-competing clauses in his contract.
Adviser Jonathan Fisher lodged the strike-out application against his former company, SFIA.
The application was heard by Master McCloud at the Royal Courts of Justice in London on March 29.
The case will now proceed to Manchester District Court where it will be heard in June or July.
Fisher left SFIA in May last year to join Cheshire-based Chartwell Financial Services. Within weeks of his departure, 72 clients with assets totalling £6m under advice moved to Chartwell.
SFIA is suing Fisher for damages in the region of £100,000, claiming that he breached his contract, which it says included non-dealing, non-solicitation and non- competing contract clauses.
Fisher argues that he did not solicit the clients but they chose to come with him after learning of his move.
SFIA says Fisher was ordered to pay £1,800 for its legal costs incurred for the strike-out application.
Fisher declined to comment.