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6 Mar 2023, 9:53 am
Clover Health argued that because all defendants in the securities litigation shared the same counsel and benefited from the same defense work, there was no basis for the defense costs to have increased. [read post]
6 Mar 2023, 5:31 am
To begin to shape standards of care for secure software development, the Administration will drive the development of an adaptable safe harbor framework to shield from liability companies that securely develop and maintain their software products and services. [read post]
6 Mar 2023, 5:00 am
A curated weekday guide to major national security news and developments over the past 24 hours. [read post]
6 Mar 2023, 1:41 am
In the build up to the preliminary hearing, the defendants applied to the District Court for the Southern District of New York (the DCSDNY) on 6 December 2022 for an order requiring HSBC Bank USA NA (HSBC USA) to produce two very broad categories of banking documents relating to Mr Soriano’s companies in reliance on 28 USC §1782 (the 1782 application). [read post]
5 Mar 2023, 1:24 pm
Well-advised companies and their executives that adopt plans that avoid the abuses will have an important tool in their arsenal if they are called upon to defend themselves in a securities suit. [read post]
5 Mar 2023, 4:59 am
Jankowicz portrays herself as a defender of free speech who opposed efforts to censor viewpoints. [read post]
3 Mar 2023, 4:04 pm
Employers covered by these rules are encouraged to take steps to position their organizations to avoid and defend against similar charges or disputes. [read post]
3 Mar 2023, 10:17 am
The grand jury inditement and subsequent prosecution of Acosta Perz and a fellow co-founder resulted from an Employee Benefit Security Benefit Administration investigation that found that, between May 2015 and January 2016, Acosta Perez and Eduardo Chinea-Martinez co-founded three companies to intentionally defraud various healthcare benefit programs. [read post]
3 Mar 2023, 5:16 am
He held that the defendant, Buick Motor Company, was responsible for the finished product. [read post]
3 Mar 2023, 4:33 am
The two men owned an operated KanRus Trading Company, which supplied electronics installed in aircrafts to Russian companies and provided repair services for equipment used in Russian-manufactured aircrafts. [read post]
3 Mar 2023, 3:37 am
In this article, the defendant’s lawyer complains that the SEC & DOJ filed their cases without notice, following some “good faith” discussions. [read post]
2 Mar 2023, 12:53 pm
” The complaint alleges that the defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. [read post]
2 Mar 2023, 4:20 am
House Republicans are moving to provide defendants in cases related to the Jan. 6 attack access to thousands of hours of internal Capitol security footage. [read post]
1 Mar 2023, 5:09 pm
The company may have purposefully not safeguarded its site for financial gain, raising major antitrust concerns. [read post]
1 Mar 2023, 12:46 pm
Life Sciences Companies,” states that there were a total of 43 securities suits filed against life sciences companies in 2022, compared to 59 in 2021. [read post]
1 Mar 2023, 12:38 pm
Richelle Mahaffey Richelle Mahaffey, LW’16, is currently an Assistant Public Defender at the Juvenile Public Defender’s Office in Des Moines, Iowa. [read post]
1 Mar 2023, 8:02 am
In Harrison, the plaintiff filed a class action challenging the $150 million price paid by an ESOP for stock purchased from the founders of the company. [read post]
1 Mar 2023, 5:16 am
It will expand to companies with at least 1,000 employees in January 2024. [read post]
28 Feb 2023, 11:51 am
This is very similar to the way we often blame a company today that has a security breach because they did not patch a known vulnerability. [read post]
28 Feb 2023, 11:14 am
From 2011 to 2018 the defendant’s company provided services to the NSA including maintenance and support of computer systems in the Counter Terrorism Management Center and the National Security Operations Center. [read post]
