Pivato

UNITED STATES DISTRICT COURT

EASTERN DISTRICT OF CALIFORNIA

9 10 ALLWORTH FINANCIAL LP, No. 2:23-cv-00829-TLN-KJN 11 Plaintiff, 12 v. ORDER

JILL PIVATO,

14 Defendant. 15 16 This matter is before the Court pursuant to Defendant Jill Pivato’s (“Defendant”) Motion to Stay. (ECF No. 22.) Plaintiff Allworth Financial LP (“Plaintiff”) filed an opposition. (ECF No. 25.) Defendant filed a reply. (ECF No. 28.) For the reasons set forth below, the Court GRANTS Defendant’s motion. /// /// /// /// /// /// /// I. FACTUAL AND PROCEDURAL BACKGROUND In December 2019, Plaintiff, an SEC registered investment advisory firm, hired Defendant 2 as a financial advisor and assigned her a group of clients to service on Plaintiff’s behalf. (ECF 3 No. 1 at 2.) Defendant resigned on April 21, 2023. (Id.) Plaintiff alleges that prior to 4 Defendant’s departure, Defendant downloaded and took Plaintiff’s trade secret materials. (Id. at 5 11.) Plaintiff also alleges Defendant contacted Plaintiff’s clients for the purpose of diverting 6 business to Defendant and/or Creative…