A Texas-based retirement fund took another stab at a proposed California class action alleging Uber Technologies Inc. and its ex-CEO Travis Kalanick's illicit business tactics, corporate bullying, institutionalized harassment and rampant flouting of the law cost investors billions.
The American Bar Association's recent guidance on notifying clients about data breaches sets a high standard for lawyers striving to meet their ethical obligations and will likely prompt many law firms to take a harder look at their current incident preparation and response efforts, attorneys say. Here, attorneys flag three major takeaways from the new guidance.
A business developer accused of sneaking her name onto corporate paperwork to steal control of a budding peer-to-peer cryptocurrency platform agreed Thursday to an expedited Nov. 5 trial in Manhattan to determine whether she rightfully owns the platform.
A controversial lawsuit filed last week over a list of men accused of sexual misconduct included a pointed threat to unmask the women who contributed to the document, setting the stage for a potential First Amendment battle over anonymous online speech.
A former FBI agent was sentenced to four years in prison in Minnesota federal court Thursday on charges related to taking secret government defense information and disclosing it to a news organization, according to the U.S. Department of Justice.
Fidelity Investments’ plans to form a stand-alone company that will enable hedge funds and other professional investors to store and trade cryptocurrencies like bitcoin could potentially pave the way for more institutional investment into the fledgling asset class.
A recent Treasury Department report proposed a host of ideas for boosting development in America's financial technology sector and keeping it globally competitive, including a "sandbox" for experimenting with new products and services, but experts say a morass of regulatory agencies makes building such a playground difficult in the U.S.
The FCC has received the first round of public comments on how it should apply restrictions on automatic telephone dialing systems under the Telephone Consumer Protection Act in the wake of the Ninth Circuit's decision in Marks v. Crunch San Diego, with businesses and industry groups largely advocating a narrow interpretation of the law.
The Canadian Securities Administrators on Thursday published a notice informing market participants about its method for handling a market disruption to Canadian capital markets, including instances related to a large-scale cybersecurity incident.
A New York federal judge has trimmed a False Claims Act suit brought by the president of LabMD accusing cybersecurity firm Tiversa of fabricating data breaches to secure government contracts, concluding that the executive sufficiently alleged fraud for some claims, but that others don’t hold up.
The California attorney general has urged the U.S. Supreme Court to let 17 states and interest groups depose U.S. Department of Commerce Secretary Wilbur Ross in lawsuits challenging the Trump administration’s decision to add a citizenship question to the 2020 census.
A California federal judge Wednesday denied an ex-Secret Service agent’s bid to vacate a nearly six-year sentence for stealing bitcoin during an investigation of black market website Silk Road, saying the law enforcement officer “knowingly and voluntarily” entered into his plea deal and his counsel “was not ineffective.”
The New York Times asked a Florida federal court Wednesday to unseal documents filed by both sides of a Russian tech executive’s defamation lawsuit against BuzzFeed over its publishing of a dossier alleging ties between Russia and President Donald Trump.
The Federal Trade Commission's power to punish past conduct involving consumer fraud or anti-competitive shenanigans is looking wobbly after a one-two punch of court decisions forcing the agency to also identify imminent or ongoing violations when it challenges prior behavior.
After an emotionally fraught confirmation process with sexual misconduct allegations front and center, a new justice joins the Supreme Court bench and brings four female clerks with him. The hires bring gender parity to the court's clerkship ranks for the first time, but will the shift be long-lasting?
EBay Inc. hit Amazon.com with a lawsuit in California state court Wednesday, accusing the Seattle-based online retail giant of orchestrating a massive campaign to poach top sellers from eBay's online trading platform in violation of the California Computer Data Access and Fraud Act and state business statutes.
A California federal judge expressed ambivalence Wednesday about putative class claims that Disney, Viacom and others illegally sold information surreptitiously culled from child video gamers, saying while the data didn’t seem very private, a jury should likely decide whether “a reasonable person would find this offensive.”
The Sultzer Law Group has nabbed two Wolf Haldenstein Adler Freeman & Herz LLP partners to bolster its New York City offerings with their extensive experience litigating class actions in areas such as product liability, cybersecurity and privacy, antitrust, employment and securities, the firm said Tuesday.
The Hertz Corp. has asked an Illinois federal judge to dismiss a consumer's proposed class action alleging invasion of privacy based on robocalls the company made to him when his mother kept a car weeks past due, saying the circumstances are too specific to represent a group.
The American Bar Association unveiled ethics requirements Wednesday that say attorneys should notify current clients in the event of a data breach and to keep clients updated on the findings of any investigation into the breach.
A new California law requires specific types of cybersecurity protections for internet-connected devices. But the proliferation of state-based internet of things requirements could hinder efforts to develop and implement uniform national standards, says Laura Stefani of Mintz Levin Cohn Ferris Glovsky and Popeo PC.
Last month, California Gov. Jerry Brown signed a law restricting the use of automated online “bot” accounts. The law was drafted in part to help prevent election interference through the propagation of fake news, but it will also impact businesses that use bots to communicate with customers, say attorneys at Steptoe & Johnson LLP.
It's not very surprising that the first enforcement action under the European Union’s General Data Protection Regulation was directed at a North American advertiser. The GDPR is a global law, and advertisers and social networks, wherever they are located, will be among the early targets, says Christian Auty of Much Shelist PC.
The Federal Trade Commission, which once dominated the playing field on many consumer protection issues, appears poised to reclaim a more active role in connection with financial products and services, say attorneys with Buckley Sandler LLP.
A U.S. Supreme Court ruling in Varela v. Lamps Plus that the Federal Arbitration Act displaces contractual interpretation rules likely would vacate the Eleventh Circuit's recent JPay decision, says James Bogan of Kilpatrick Townsend & Stockton LLP.
With the recent ruling in My Big Coin Pay that bitcoin and other cryptocurrencies are “commodities,” bankruptcy courts will likely have greater discretion regarding how to treat the valuation of cryptocurrencies in a variety of contexts, say Joanne Lee Molinaro and Susan Poll Klaessy of Foley & Lardner LLP.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
Blockchain-powered tools may revolutionize health care by allowing providers to easily exchange medical and health records while still protecting patients' information, but entrepreneurs must carefully consider novel legal challenges and questions, say Jonathan Gordon and Jesse Welsh-Keyser of Alston & Bird LLP.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Pier D'Angelo, chief pricing and practice officer at Allens.
Which is more important — data privacy or cybersecurity? Most in-house counsel know the answer depends on which receives the limited available compliance budget. But companies should think about the issue from a broader trade secret perspective, says Scott Warren of Squire Patton Boggs LLP.