Updated at 1 p.m. ET

(Bloomberg) – Alliant Insurance Services Inc. lost its bid to buy Wells Fargo & Co.'s insurancebusiness but sought to steal its rival's employees anyway,according to a lawsuit filed Thursday in Delaware.

Wells Fargo Insurance Services alleges Alliant has been tryingto hire top sales executives in 10 U.S. cities from Atlanta toDallas to Sacramento, in some cases using senior executives topersonally call Wells Fargo salesmen. Information Alliant usedwas included in confidential deal documents it received as apotential buyer for the company, Wells Fargo said.

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