The Next Big Thing In Securities Litigation

Law360, New York (February 26, 2013, 3:05 PM ET) -- News broke recently about significant cybersecurity breaches at many U.S. corporations that raises the possibility of a new wave of U.S. Securities and Exchange Commission enforcement actions, class actions and derivative lawsuits.

A front page New York Times article reported that cybersecurity firm Mondiant identified a Chinese military unit that hacked over 140 organizations over the last several years, stealing valuable intellectual property such as technology blueprints, proprietary manufacturing processes, business plans and pricing documents. Companies affected by these attacks represent a wide range of industries,...
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