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9 Mar 2023, 1:46 pm by jeffreynewmanadmin
The Securities and Exchange Commission today announced that Blackbaud Inc., a public company that provides donor data management software to non-profit organizations, agreed to pay $3 million to settle charges for making misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers. [read post]
12 Oct 2023, 12:59 pm by Hunton Andrews Kurth LLP
On October 5, 2023, Blackbaud Inc., a software provider for the philanthropy, healthcare, and education sectors, has resolved claims that the District of Columbia and 49 U.S. states raised. [read post]
16 Aug 2021, 8:05 am by Eric Goldman
Case citation: In re Blackbaud, Inc., Customer Data Breach MDL Litigation, 2021 U.S. [read post]
9 Mar 2023, 1:40 pm by Mark Astarita
The Securities and Exchange Commission today announced that Blackbaud Inc., a South Carolina-based public company that provides donor data management software to non-profit organizations, agreed to pay $3 million to settle charges for making misleading…Read the Full Press ReleaseHave a securities law question? [read post]
13 Mar 2023, 7:25 am by Hunton Andrews Kurth LLP
Securities and Exchange Commission (SEC) announced settled administrative charges against Blackbaud Inc. [read post]
26 Mar 2023, 9:01 pm by renholding
On March 9, 2023, the Securities and Exchange Commission (the “SEC”) Enforcement Division’s Crypto Assets and Cyber Unit announced a settlement with Blackbaud, Inc. involving allegations of inadequate disclosure controls and procedures and material misstatements and omissions concerning a 2020 cybersecurity incident. [read post]
17 Aug 2021, 10:23 am by Rebecca Tushnet
In re Blackbaud, Inc., Customer Data Breach Litig., No. 3:20-mn-02972-JMC, MDL No. 2972, 2021 WL 3568394 (D.S.C. [read post]
13 Feb 2024, 6:00 am by David Kessler (US) and Susan Ross (US)
  Less than two weeks later, on February 1, the FTC announced a complaint and proposed consent order with software licensor and data provider Blackbaud, Inc. [read post]
15 Mar 2023, 12:32 pm by Kevin LaCroix
On March 9, 2023, the SEC announced that it had settled charges that data management software company Blackbaud, Inc. had settled charges that the company’s cybersecurity disclosure policies and procedures violated the agency’s public company disclosure reporting requirements and that the company had made misleading disclosures about a 2020 ransomware attack that impacted more that 13,000 of its customers. [read post]
25 Oct 2023, 6:00 am by Paul L. Singer
We posted just last week about the Blackbaud multistate settlement, and as we have discussed, health privacy remains a hot topic and is already back in the news. [read post]
28 Jun 2011, 4:03 am by Broc Romanek
Say-on-Pay: 37th - 39th Failed Votes We've now had three more companies file Form 8-Ks reporting failed say-on-pay votes: Blackbaud (45%); Freeport McMoRan Copper & Gold (46%); and Monolithic Power Systems (36%). [read post]
19 Oct 2023, 8:51 am by Sophie Luskin
For example, in March, Blackbaud Inc., a company that provides donor data management software to non-profit organizations, agreed to pay the SEC $3 million to settle charges for “making misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers. [read post]
14 Nov 2023, 9:01 pm by renholding
The Securities and Exchange Commission announced that it filed 784 total enforcement actions in fiscal year 2023, a 3 percent increase over fiscal year 2022, including 501 original, or “stand-alone,” enforcement actions, an 8 percent increase over the prior fiscal year. [read post]
15 Nov 2023, 6:26 am by jeffreynewmanadmin
The Securities and Exchange Commission filed 784 total enforcement actions in fiscal year 2023, a 3 percent increase over fiscal year 2022, including 501 original, or “stand-alone,” enforcement actions, an 8 percent increase over the prior fiscal year. [read post]
12 Nov 2023, 9:01 pm by renholding
On October 30, 2023, the SEC filed a litigated complaint against SolarWinds, a software development company, and Timothy Brown, its chief information security officer (CISO). [read post]