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In new $150-million lawsuit, Mark Hurley alleges ex-boss's smears wrecked his valuation, his reputation and his chances of providing capital to RIAs ever again

The trump card for the maverick ex Fiduciary Network CEO was to open across the street with new backers, but the filing clams he may not have that play anymore

Author Brooke Southall December 12, 2018 at 9:36 PM
Admin:
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Mark Hurley's lawsuit references his "secret sauce" and how he got overtly tossed.

Courtland Kellerman

Courtland Kellerman

December 12, 2018 — 10:31 PM
Wow This has rhymes and shades of other founder CEO replacement storylines Hoping not to see this spiral and devolve into “Bill Gross / PIMCO” P:-
Jeff Spears

Jeff Spears

December 12, 2018 — 10:41 PM
Hurley lives up to his reputation as the ONLY person who can fill every cell of a spreadsheet.

Related Moves

Karl Heckenberg files with SEC to raise a staggering $1 billion, (presumably) to buy, buy, buy RIA stakes in a 'crowded' market

The former CEO and president of Emigrant Partners has launched the Constellation Wealth Capital Fund with a ten-figure funding target.

August 18, 2023 at 3:56 AM

Emigrant Bank 'doubles down' to send Mark Hurley packing and fire up Fiduciary Network, its RIA deal machine

The billionaire-owned New York bank eschewed the quick buck of a top-of-market sale to bet Karl Heckenberg can make Fiduciary Network function even better as its new CEO

November 22, 2018 at 12:07 AM


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