New SEC lawsuit accuses MoviePass executives of fraud
The US Securities and Exchange Commission (SEC) is suing three former MoviePass executives for fraud. The SEC alleges that Theodore Farnsworth and Mitch Lowe misled investors when selling them on the MoviePass business model using false information......»»
56% of cyber insurance claims originate in the email inbox
56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management, according to Coalition. The 2024 Cyber Claims Report i.....»»
Entrust protects users against fraud, phishing and other account takeover attacks
Entrust announced a single-vendor enhanced authentication solution that integrates identity verification (IDV) and identity and access management (IAM) to fight deepfakes, phishing, account takeover (ATO) attacks and other threats. By enhancing Entru.....»»
Grindr users seek payouts after dating app shared HIV status with vendors
Grindr admitted sharing HIV status with software firms in 2018, said it stopped. Enlarge (credit: Getty Images | Thomas Trutschel) Grindr is facing a class action lawsuit from hundreds of users over the sharing of HIV st.....»»
2 former dealership employees who started new marketing firm settle lawsuit
A Massachusetts dealership has settled a lawsuit that accused two former employees of breach of loyalty, misappropriation of trade secrets and other claims for setting up a competing dealer-to-dealer digital marketing agency......»»
Gregg Orr Auto to pay $325,000 to settle allegations it fired employee with cancer
Gregg Orr Auto Collection agreed to settle a lawsuit in which the U.S. Equal Employment Opportunity Commission alleged an older employee with cancer was fired because of his high medical bills......»»
Suppliers scramble to avoid low factory utilization amid rocky EV transition
The uneven ramp-up of electric vehicle production and flattening EV sales growth in North America have left suppliers scrambling to make sure they're not left with significantly underutilized factories, supplier executives said......»»
Actions needed beyond lawsuit to address social media"s influence on youth, say experts
While four Ontario school boards recently announced a $4.5-billion lawsuit against the social media giants behind Facebook, Instagram, Snapchat and TikTok, Brock University experts are calling for additional actions to address the influence popular o.....»»
Samsung is making its top executives work six days a week
Execs at Samsung are being asked to work above and beyond as the company battles with competition and finances......»»
Cyberattack on key parts supplier triggered dispute that cost Stellantis $300M, lawsuit says
The automaker lost more than $300 million in revenue because it was unable to manufacture 6,000 vehicles without parts from Yanfeng, the lawsuit says......»»
100,000 iPhones stolen instead of scrapped; Apple accused of shredding usable devices
Almost 100,000 iPhones which Apple paid a contractor to scrap were instead stolen and shipped off to China, according to an in-depth report. Apple sued the company concerned, but now appears to have abandoned the lawsuit, with the report suggestin.....»»
Enterprises face significant losses from mobile fraud
A recent Enea survey highlights a worrying trend in enterprise security: Following ChatGPT’s launch, 76% of businesses are inadequately protected against rising AI-driven vishing and smishing threats. In this Help Net Security video, John Hughe.....»»
Aston Martin hires Pedro Mota to lead Americas region
As Aston Martin begins the move away from gasoline engines and revamps its lineup, the British automaker is leaning on veteran executives with decades of experience at ultraluxury brands......»»
Conn. dealership sues VW to halt termination of satellite franchise
A lawsuit by a Connecticut dealership accuses Volkswagen of America of wrongfully attempting to terminate its satellite store franchise......»»
Analyzing isotopes for nitrate in sake for combating beverage fraud in Japan
The demand for sake, a Japanese alcoholic drink, has increased globally. However, the rise in the popularity of sake has the potential for related beverage fraud. To address this issue, researchers from Japan have identified a novel method to authent.....»»
Lawsuit asks Wisconsin Supreme Court to strike down governor"s 400-year veto
Lawsuit asks Wisconsin Supreme Court to strike down governor"s 400-year veto.....»»
Zuckerberg has no personal liability in child addiction lawsuit [U]
Update: A court has ruled that Mark Zuckerberg cannot be held personally liable for claims that Meta sought to make its apps addictive to children. Lawyers will be able to re-file, this time claiming against Meta rather than Zuckerberg. Two separa.....»»
Vintage Ferrari owners’ favorite mechanic charged with theft, fraud
Few mechanics post photos of themselves on Venetian canals or brag about buying $30,000 artworks, but this was Ferrari and Alfa Romeo restorer Donnie Callaway's life before he found himself booked in in Arizona’s Maricopa County on charges of theft.....»»
Ill. appeals court blocks floorplan collection amid fraud allegations
A floorplan lender remains blocked from attempting to collect about $2.8 million from an Illinois dealership and its owners in a dispute involving allegations the bank participated in a fraud scheme by store employees behind the dealers' backs......»»
Billion dollar developer lawsuit will proceed, after Apple’s objection was rejected
A UK court has ruled that a near billion dollar developer lawsuit against Apple will be allowed to proceed, after the iPhone maker attempted to get it dismissed. The £785M ($979M) antitrust lawsuit was filed on behalf of more than 1,500 British d.....»»
Nintendo targets Switch-emulation chat servers, decryption tools with DMCA
Legal fallout continues following Yuzu lawsuit. Enlarge / Is a name like "Suyu" ironic enough to avoid facing a lawsuit? (credit: Suyu) Nintendo continues to use DMCA requests to halt projects it says aid in the piracy o.....»»