( November 24, 2025, 8:36 AM EST) -- PHOENIX — An ex-employee of an insurance brokerage firm filed an answer and counterclaim in response to the firm’s verified amended complaint alleging that he misappropriated trade secrets and breached his contract by transferring captive insurance client information to a competitor, asserting a claim for fraud and that the firm induced his continued employment through fictitious equity unit awards while concealing a forthcoming corporate acquisition that would render them worthless....