Fidelity National Financial Penalized $3.5M For Alleged ‘No-Poach’ Agreements
By KIMBERLEY HAAS
Officials in New York say leaders at a top provider of title insurance for the real estate and mortgage industries will terminate “no-poach” agreements, pay the state $3.5 million, and cooperate with ongoing investigations in the industry.
New York Attorney General Letitia James announced the news on Wednesday. The settlement with Fidelity National Financial, Inc. is one of at least five cases James has pursued against title insurance companies as she works to stop “no-poach” agreements in the state.
“New Yorkers deserve fair pay for their hard work and experience in their fields, and their career growth should never be threatened by a company’s desire to save money on wages. My office will continue standing up for…