“Spencer Stuart filed a lawsuit against its former global automotive practice leader, Francois Truc, who left the firm in December, and the rival search firm he joined last month, Korn Ferry. According to the suit, Mr. Truc and Korn Ferry ‘are attempting to dismantle Spencer Stuart’s global automotive practice and move that business lock, stock and barrel to Korn Ferry.’
“For Korn/Ferry, it seems like the shoe is now on the other foot. David Nosal, who was the company’s highest revenue producer at the time he departed and headed up its CEO recruiting practice, was accused of conspiring with former colleagues at the company to help him start a rival search business by having them download large numbers of source lists prior to their own departures from the firm. Sound familiar? The court unanimously threw out an order requiring Mr. Nosal, who is now CEO of San Francisco-based search boutique NGS Global, to pay restitution to Korn/Ferry.”
Spencer Stuart Brings Lawsuit Against Recruiter and Korn Ferry