University of California Files Lawsuit Against Lloyd’s of London Over Refusal to Reimburse Cyber Insurance Costs June 30, 2023 By Joel Rosenblatt The Regents of the University of California sued Lloyd’s of London, arguing the company refused to reimburse the university system...
Twitter Employees Sue Company, Claiming It Refuses to Pay 2022 Bonuses June 21, 2023 By Joel Rosenblatt Twitter Inc. employees sued the social media company claiming it refuses to pay 2022 bonuses, despite promises that they would...
Wells Fargo Seeks to Settle ‘Banking While Black’ Mortgage Case June 5, 2023 By Joel Rosenblatt Wells Fargo & Co. is pursuing private mediation to settle claims of widespread discrimination against Black homeowners by denying them...
Ex-Uber Security Chief Gets No Prison Time for Hack Coverup May 8, 2023 By Joel Rosenblatt Uber Technologies Inc.’s former security chief was spared from prison for concealing a massive data breach in 2016. Joe Sullivan’s...
KPMG, Goldman Sachs Faulted in Investor Suit Over SVB Failure April 11, 2023 By Joel Rosenblatt and Robert Burnson KPMG LLP was sued as Silicon Valley Bank’s auditor, along with underwriters including Goldman Sachs Group Inc., Bank of America...
SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe March 15, 2023 By Katanga Johnson, Joel Rosenblatt and Chris Dolmetsch Silicon Valley Bank’s lack of a chief risk officer for much of last year is being examined by the Federal...
Zuckerberg Was Warned on Social Media Addiction, Filing Says March 14, 2023 By Joel Rosenblatt Employees at Meta Platforms Inc. and ByteDance Inc. were aware of the harmful effects of their platforms on young children...
Meta’s Record Privacy Settlement Spurs Dispute Over State Claims March 2, 2023 By Joel Rosenblatt Meta Platforms Inc. is wrong to say its $725 million settlement of a lawsuit claiming Facebook illegally shared user data...
Facebook Hit With $1 Million Fine Tied to User-Privacy Lawsuit February 10, 2023 By Joel Rosenblatt Facebook and its outside law firm were ordered to pay almost $1 million in sanctions for deceitfully denying that it...
Meta’s Facebook Agrees to Settle Cambridge Analytica Suit August 29, 2022 By Joel Rosenblatt Meta Platforms Inc. settled a long-running lawsuit that claimed Facebook illegally shared user data with the research firm Cambridge Analytica....