November 16, 2022
A New Jersey federal judge has refused to reconsider his dismissal of a real estate firm's claims that its bank failed to protect it from a hacker who made off with $1.4 million in fraudulently induced wire transfers, calling the motion inappropriate.
May 18, 2022
A commercial real estate financing firm asked a New Jersey federal judge Tuesday to reconsider his decision to dismiss a suit alleging that the lax security measures of a local bank caused it to wrongfully process nearly $1.4 million in fraudulent wire transfers between the real estate firm and a foreign entity as part of a hacking scheme.
April 26, 2022
A New Jersey bank on Tuesday beat back a lawsuit alleging that lax security measures caused it to wrongfully process $1.4 million in fraudulent wire transfers between a commercial real estate financing firm customer and a foreign entity as part of a hacking scheme.
August 12, 2021
A New Jersey bank was hit with a lawsuit alleging it processed $1.4 million in fraudulent wire transfers to a foreign entity against a commercial real estate financing firm due to lax security measures.