Yes, hiding known cyber risks can count as securities fraud when your silence misleads investors about the company’s true exposure. If you fail to disclose a data breach or a serious vulnerability, you turn a technical issue into a legal one. Investors depend on...
Nationwide Class Action Law Firm
Data Breaches
DELAWARE CHANCERY COURT HEARS MOTION TO DISMISS STEM, INC. F/K/A STAR PEAK ENERGY TRANSITION SPAC LAWSUIT
In a recent hearing before the Delaware Court of Chancery, the complexities and potential pitfalls of Special Purpose Acquisition Company (SPAC) transactions were brought to light in the case involving Stem, Inc., formerly known as Star Peak Energy Transition Corp....
The rise of data breaches and how to protect yourself
If you rely heavily on the internet for work or personal endeavors, you should know that data breaches have become alarmingly common. It’s easy to think that it’s unlikely that you might be hacked, but you have to remember that data breaches affect millions of...