Litigation/Liability Trends
U.S. AG Says National Standard Needed for Breach Notices
U.S. Attorney General Eric Holder, citing the recent massive data theft at retailer Target Corp, urged Congress on Monday to enact a national standard for notifying consumers about such breaches. ...
Insurers Welcome New York Court’s Reversal in K2 Breach Liability Case
Insurance trade groups are welcoming the New York Court of Appeals' reversal of its June 11, 2013, decision on K2 Investment Group, LLC v. American Guarantee & Liability Insurance Co., a case ...
HVAC Contractor at Center of Target Breach
The Target Corp hackers managed to break into its payments network by first breaching a "data connection" between the U.S. retailer and its heating and ventilation systems contractor, a ...
Study of Possible Wall Street Broker Conflicts Leaked; Authors Warn Against Quick Judgments
A new academic paper about potential conflict of interest in large retail brokers' routing of limit orders has stirred controversy on Wall Street and caught regulators' attention—even before the ...
Google Deal with European Commission in Sight
Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and ...
FOREX Market Lawsuits Mount
As investigations into alleged manipulation of the global foreign exchange market advance, class actions against the world's biggest banks are piling up, exposing the banks to potentially billions of ...
Cameron Elliot: U.S. SEC Judge Who Took on ‘Big Four’ Accounting Firms Making Waves
Cameron Elliot, the U.S. administrative judge who recently delivered a stunning rebuke to the global "Big Four" accounting firms, has a reputation for not shying away from big cases. When he was a ...
Stolen Vendor Credentials Used in Target Breach
Target Corp. said on Wednesday that the theft of a vendor's credentials helped cyber criminals pull off a massive theft of customer data during the holiday shopping season in late 2013. It was the ...