Thursday, July 28, 2011

Ally Financial Sues Former Employee Over Secret Foreclosure Data

Ally Financial Inc., among the five largest U.S. mortgage originators and servicers, sued a former employee who moonlighted as a foreclosure defense attorney over claims she stole confidential information.

Ally terminated the employee, Tanya L. Blackwell, last week for failing to disclose “a clear conflict” of her dual employment as a foreclosure specialist for Ally’s GMAC unit and as a practicing foreclosure defense attorney, according to court papers filed yesterday in federal court in Philadelphia.

Prior to her termination, Blackwell allegedly improperly obtained confidential company information including organization charts for Ally’s foreclosure operations, according to the complaint.

Blackwell accessed Ally’s protected computers and exceeded such authorizations as may have been granted, and as a result, obtained valuable data,” the company said in the complaint.

No comments: