Attorneys at Ogletree, Deakins, Nash, Smoak & Stewart on Monday filed a lawsuit on behalf of the Teachers Insurance and Annuity Association of America against several former wealth management advisors for the company in Connecticut District Court. The complaint alleges the defendants, who moved to TIAA competitor Tidewater Wealth Management, intend to solicit or have solicited TIAA clients in violation of their employment agreement. Counsel for the defendants have not yet appeared.

Named in the complaint are former TIAA wealth management advisors David Wheatley, Timothy O'Shea and William McDonald in its complaint. The case is 3:21-cv-01380, Teachers Insurance and Annuity Association of America v. David et al.