N9’s lawsuit additionally alleges that Jiles, in his capability as Banq’s chair, did not create a non-compete settlement with former Banq CEO Scott Purcell, as an alternative solely placing one in place between Purcell and Prime Belief. N9 claims within the lawsuit that Jiles leveraged his management over Banq to learn Prime Belief, prioritizing its pursuits and resulting in Banq’s downfall.
