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'Legal help 10 pts?' Employment Firms

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Legal help 10 pts?

This forum post is dated 05/21/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

North Carolina - Employment Firms

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North Buena Vist, Iowa

Legal help 10 pts?

Thank author of this post/commentAmerican Business Financial Services (ABFS), a Pennsylvania firm, sells and services loans to businesses and consumers. First Union National Bank, with its principal place of business in North Carolina, provides banking services. Alan Boyer, an employee of First Union, lives in North Carolina and has never been to Pennsylvania. In the course of his employment, Boyer learned that the bank was going to extend a $150 million line of credit to ABFI. Boyer then attempted to manipulate the stock price of ABFI for personal gain by sending disparaging e-mails to ABFI's independent auditors in Pennsylvania. Boyer also posted negative statements about ABFI and its management on a Yahoo bulletin board. ABFI filed a suit in a Pennsylvania state court against Boyer, First Union, and others, alleging wrongful interference with a contractual relationship, among other things. Boyer filed a motion to dismiss the complaint for lack of personal jurisdiction. ould the Pennsylvania state court exercise personal jurisdiction over Boyer? Explain. could the Pennsylvania state court exercise personal jurisdiction over Boyer? Explain.
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