Spirit AeroSystems Holdings Inc. investors didn’t plead the level of intent necessary to show the company’s allegedly misleading statements about orders from the part maker’s client Boeing Co. and about its accounting controls amounted to securities fraud, a divided Tenth Circuit panel ruled.
A Chicago public school student and his parent have sued the school system and several education technology companies for illegally collecting sensitive personal data using the platform Naviance.
Fidelity & Guaranty Life Insurance Co. failed to protect more than 873,000 people’s personal information that was exposed in a data breach connected to a cyberattack on Progress Software’s MOVEit file-transfer application, a proposed federal class action said.
A shareholder of Sunlight Financial Holdings Inc. sued the company’s executives and directors, alleging that they misled investors about supply chain challenges and cash advances paid to contractors for more than a year.
B. Braun Medical Inc. used objectively prudent procedures to manage its $790 million 401(k) plan for over 6,600 participants, a federal trial court said.
A job applicant suing Marten Transport Ltd. requested preliminary approval of its proposed $520,000 class settlement, signaling the end of an action over the trucking company’s 2021 cyberattack.
Rob Chesnut, former general counsel and Justice Department prosecutor, writes on in-house, corporate, and legal ethics issues. Here, he writes about how judge shopping is damaging American’s trust in the justice system.
US prosecutors accuse disbarred plaintiffs’ attorney
Lawyers from New York City to Seattle tell us how the coronavirus is impacting their work and how they are responding.
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