Sprout Social, a developer of social media management platforms, made materially false and misleading statements and failed to disclose “material adverse facts” from Nov. 2 to May 2, leading to “artificially inflated” stock prices, alleged a securities fraud class action (docket 1:24-cv-03867) Monday in U.S. District Court for Northern Illinois.
Rebecca Day
Rebecca Day, Senior editor, joined Warren Communications News in 2010. She’s a longtime CE industry veteran who has also written about consumer tech for Popular Mechanics, Residential Tech Today, CE Pro and others. You can follow Day on Instagram and Twitter: @rebday
EchoStar transferred billions of dollars’ worth of assets from Dish Network and its DBS subsidiary “out of reach of existing creditors, in exchange for nothing” in a “brazen series of related transactions” designed to protect controlling shareholder and Dish CEO Charlie Ergen, alleged a fraud complaint (docket 1:24-cv-03646) Monday by U.S. Bank Trust Co., National Association, in New York Supreme Court in Manhattan.
Google is “self-preferencing” its YouTube videos in Google search results over links to searched-for videos on other online video platforms, alleged Rumble Canada's antitrust complaint Monday (docket 5:24-cv-02880) against Google and parent Alphabet in U.S. District Court for Northern California in San Jose. The plaintiff claims damages of over $1 billion, “before trebling.”
Nineteen-year-old Michael Antonetti spends about 12 hours a day playing seven Call of Duty games, plus Fortnite, Minecraft and others, said his videogame addiction complaint Friday (docket 1:24-cv-02019) against more than a dozen videogame hardware and software companies in U.S. District Court for Northern Georgia in Atlanta.
Marcelino Padilla and Danny Contreras circumvented Dish Network and Sling TV’s security measures and retransmitted their copyrighted TV programming without authorization, alleged a Digital Millennium Copyright Act complaint Friday (docket 8:24-cv-01028) in U.S. District Court for Central California.
Centennial Bank began notifying victims of a data breach April 19, “a whole year” after the breach occurred, alleged a negligence class action Friday (docket 4:24-cv-00415) in U.S. District Court for Eastern Arkansas.
Student loan servicer Heartland ECSI “failed to institute proper security protocols” to protect individuals’ Social Security numbers and other personally identifiable information (PII), alleged a negligence class action Thursday (docket 2:24-cv-00699) in U.S. District Court for Western Pennsylvania.
Guess & Co. CEO Jerry Guess and the corporation he founded falsely represented in a stock offering to investors that the North Carolina company was a diversified energy, healthcare, technology and real estate corporation that had earned millions of dollars in revenue from its business operations in 2019 to 2021, said a securities fraud complaint (docket 8:24-cv-00172) Thursday in U.S. District Court for Nebraska.
Healthcare institutions are “particularly vulnerable" to cyberattacks because of the value of the private information they collect and maintain, but defendant DocGo failed to follow cybersecurity best practices, allowing cuber thieves to gain access to current and former patients’ protected health information (PHI) and personally identifiable information (PII), alleged a negligence class action Thursday (docket 1:24-cv-03594) in U.S. District Court for Southern New York.
General Motors' “about-face” decision to stop selling driver data from OnStar-equipped vehicles, shortly after a March New York Times article that “exposed its deficient privacy practices,” supports the assertion that “its customers were not aware of GM’s surreptitious data collection and sharing,” alleged a class action (docket 4:24-cv-11221) Wednesday in U.S. District Court for Eastern Michigan in Flint.