Privacy Securities Civil Procedure

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Lessons For Corporate Directors From The Wyndham Data Breach Derivative Action

On October 20, 2014, Wyndham Worldwide Corporation won dismissal of a shareholder derivative suit seeking damages arising out of three data breaches that occurred between 2008 and 2010. Dennis Palkon, et al. v. Stephen P....more

Boards Should Put Time and Resources into Cybersecurity Issues – It Is Good for Business and Works as a Defense Strategy

We have previously blogged about Commissioner Aguilar’s recommendations at a NYSE conference, “Cyber Risks and the Boardroom” on what boards of directors should do to ensure that their companies are appropriately considering...more

Consequences of a Data Breach: Lessons from Wyndham Worldwide

On October 20, 2014, Wyndham Worldwide Corporation won dismissal of a shareholder derivative suit seeking damages arising out of three data breaches that occurred between 2008 and 2010. Dennis Palkon, et al. v. Stephen P....more

Court Dismisses Shareholder Derivative Action Targeting Directors and Officers for Data Breaches

Earlier this week a federal district court in New Jersey dismissed with prejudice a shareholder derivative suit, Palkon v. Holmes, No. 14-CV-01234 (SRC) (D.N.J.), that tried to blame the directors and officers at hospitality...more

Court Dismisses Shareholder Derivative Action Targeting Directors and Officers for Data Breaches

A federal district court in New Jersey has dismissed with prejudice a shareholder derivative suit, Palkon v. Holmes, No. 14-CV-01234 (SRC) (D.N.J.), that tried to blame the directors and officers at hospitality company...more

Corporate and Financial Weekly Digest - Volume IX, Issue 26

In this issue: - Delaware Fee-Shifting Legislation Delayed - SEC Orders Securities Exchanges and FINRA to Develop Tick Size Pilot Plan - CFTC Extends Relief to FCMs from Certain Commingling...more

Network Interference: A Legal Guide to the Commercial Risks and Rewards of the Social Media Phenomenon (3rd Edition)

In this edition: - Introduction - Advertising & Marketing - Brand Protection & Reputational Management - Copyright (EU) - Copyright (U.S.) - Data Privacy & Security -...more

What The NIST Cybersecurity Framework Might Mean For Class Actions

After a year of public-private collaboration and considerable anticipation, the National Institute for Standards and Technology’s (NIST) cybersecurity framework for critical infrastructure has arrived. The interest in the...more

Are Confidential Witness Reforms Looming On The Horizon? Can The Plaintiff’s Bar Stop Them?

A decision is expected shortly in the highly publicized so-called confidential witness “scandal” involving the Robbins Geller Rudman & Dowd law firm. Judge Suzanne B. Conlon of the United States District Court, Northern...more

BLG Monthly Update for May 2013

Privacy, data breaches, texting, a bit of golf law and more in the BLG Monthly Update for May 2013...more

Cybersecurity: The Next Big Wave in Securities Litigation?

News broke this week about significant cybersecurity breaches at many U.S. corporations that raises the possibility of a new wave of SEC enforcement actions, class actions, and derivative lawsuits. A front page New York Times...more

Merck Compelled to Disclose Documents; Confidentiality and Privilege Waived with Prior Disclosure to Government

A court has ruled that Merck’s production of documents to the government under a confidentiality agreement during the Vioxx investigation waived any confidentiality or privilege; documents that Merck had previously disclosed...more

InfoBytes, June 1, 2012 - A Weekly In-depth review of news & developments in the financial services industry.

Topics In This Issue: Federal Issues; State Issues; Courts; Firm News; Mortgages; Consumer Finance; Securities; Litigation; and Privacy/Data Security. Excerpt From Federal Issues: CFPB Delays Release of...more

California State Teachers Retirment System v. Blankenship, et al.

West Virginia Supreme Court Order denying Preliminary Injunction in Massey - Alpha merger case, but also refusing to seal certain...

The West Virginia Supreme Court of Appeals issued an Order denying Massey shareholders' request for a Preliminary Injunction to challenge the merger of Massey and Alpha Natural Resources. The parties had also sought to seal...more

California State Teachers Retirement System v Blankenship, et al.

NPR and the Charleston Gazette's Opposition to Motion to Seal Record in Massey - Alpha merger case

National Public Radio (NPR) and the Charleston Gazette filed this Opposition to a Motion to Seal the Record in a case brought by shareholders of Massey Energy Company seeking to block the sale of Massey to Alpha Natural...more

Disclosures to Independent Auditors – What's the Risk of Waiver?

5 things about attorney-client privilege and work product protection that you should consider during your next audit It is unavoidable – public companies must disclose sufficient information to allow an independent...more

USA Technologies, Inc. v. John Doe et al.

Complaint

In August of 2009, Pennyslvania-based company USA Technologies filed a federal lawsuit against two Yahoo! message board posters who roundly criticized what they claim is the the consistently poor performance of USA...more

Lefkoe v. Jos. A. Bank Clothiers, Inc.

Reply Brief of Appellant, The Doe Client (Public Version)

The Doe Client was a nonparty witness to the underlying class action securities litigation pending in the District of Maryland against Jos. A. Bank Clothiers, Inc. (“Jos. A. Bank”). Jos. A. Bank served a subpoena issued by...more

Lefkoe v. Jos. A. Bank Clothiers, Inc.

Brief of Appellant, The Doe Client (Public Version)

The Doe Client was a nonparty witness to the underlying class action securities litigation pending in the District of Maryland against Jos. A. Bank Clothiers, Inc. (“Jos. A. Bank”). Jos. A. Bank served a subpoena issued by...more

Lefkoe v. Jos. A. Bank Clothiers, Inc.

Reply Memorandum In Support of Motion to Quash Subpoena

The Doe Client was a nonparty witness to the underlying class action securities litigation pending in the District of Maryland against Jos. A. Bank Clothiers, Inc. (“Jos. A. Bank”). Jos. A. Bank served a subpoena issued by...more

Lefkoe v. Jos. A. Bank Clothiers, Inc.

Memorandum In Support of Motion to Quash Subpoena

The Doe Client was a nonparty witness to the underlying class action securities litigation pending in the District of Maryland against Jos. A. Bank Clothiers, Inc. (“Jos. A. Bank”). Jos. A. Bank served a subpoena issued by...more

Financial Services Report, Spring 2007

In this issue: ?? On the Edge ?? MoFo Metrics ?? Beltway Report ?? Ahead of the Summons ?? Privacy Report ?? California Report ?? Operations Report ?? Firm Offer Update ?? Credit Card Report ?? Arbitration...more

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