Ex-Fidelity manager sues over noncompete

A former Fidelity Investments fund manager has filed a lawsuit against the company, claiming it wrongfully withheld millions of dollars following his departure. The lawsuit alleges Fidelity fired him shortly after he announced plans to join Dell Technologies' family office and then claimed he violated noncompete clauses to withhold his owed compensation. The case involves allegations that Fidelity improperly linked his new role to a competitor and seeks damages and the invalidation of the noncompete agreement.

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