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Adobe PDFRecent Dismissal Of Derivative Suit Demonstrates That Directors Must Focus Their Attention On CyberSecurity
Travis P. Brennan, Marc J. Schneider; Stradling Yocca Carlson & Rauth A Professional Corporation;
Legal Alert/Article
December 12, 2014, previously published on November 2014
With the increasing sophistication and variety of cyber-attacks, directors of companies holding sensitive customer information or trade secrets cannot be complacent about cyber security risk management and compliance. A recent decision in U.S. District Court dismissing a shareholder derivative suit...

 

HTMLNew Jersey District Court Rejects Shareholder Derivative Action Based on Cybersecurity Breach
Kyle Evans Gay, Lewis H. Lazarus; Morris James LLP;
Legal Alert/Article
December 8, 2014, previously published on November 18, 2014
In Palkon v. Holmes, C.A. No. 2:14-CV-01234 (SRC) (October 20, 2014), the United States District Court for the District of New Jersey dismissed with prejudice a shareholder derivative action arising from three distinct breaches of Wyndham Worldwide Corporation (“Wyndham”). The Court...

 

HTMLThis Week in Internet Gaming (Week of Oct. 6-10)
Eric D. Frank; Duane Morris LLP;
Legal Alert/Article
November 18, 2014, previously published on October 10, 2014
The Gibraltar Betting and Gaming Association lost its court battle fighting the United Kingdom’s Gambling (Licensing & Advertising) Act, specifically the point of consumption tax required to be paid on all online gaming activities taking place in the UK.

 

HTMLCybersecurity Assessment Observations
Craig N. Landrum; Jones Walker LLP;
Legal Alert/Article
November 17, 2014, previously published on November 13, 2014
In June 2014, the Federal Financial Institutions Examination Council ("FFIEC") launched a pilot cybersecurity testing program utilizing upcoming state and federal regulatory examinations at more than 500 community financial institutions. The purpose of the effort was to assess how these...

 

HTMLEU’s Ruling Not “To Be Forgotten” Anytime Soon
Melissa K. Ventrone; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article
November 10, 2014, previously published on May 22, 2014
Last week, the Court of Justice of the European Union ruled that individuals have the “right to be forgotten.” In other words, individuals have the right to control their data and can ask search engines to remove links to results containing certain information. This ruling has...

 

HTMLFlorida Court Says, “No Phishing Expeditions Allowed on a Plaintiff’s Facebook Page”
Sean M. McDonough; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article
November 8, 2014, previously published on April 15, 2014
While it is true that social media has become one of the main sources for discovery in personal injury litigation, the basic tenets of discovery that apply to the standard document requests, also apply to this new technological source of information. The question of whether a demand for any and all...

 

HTMLEnforceability of Electronic Signatures: E-Sign Act and Electronic Signatures
David A. Wolfe; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
November 5, 2014, previously published on October 30, 2014
In 2000, in order to address concern whether electronic contracts can be enforceable and to provide procedures for keeping and retaining electronic records, disclosures and signatures, Congress enacted the Federal Electronic Signature in Global and National Commerce Act (E-Sign).

 

HTMLMissouri Electric Coop Offers Members 18th Fastest Internet in U.S.
Sutherland Asbill Brennan LLP;
Legal Alert/Article
November 3, 2014, previously published on October 20, 2014
Co-Mo Connect, a Missouri internet service provider and subsidiary of Co-Mo Electric Cooperative, ranks 18th in the United States and 1st in the state of Missouri for speed of internet service provided. Click here - http://www.lakenewsonline.com/article/20141016/BUSINESS/141019244 for more.

 

HTMLCourt Dismisses Shareholder Derivative Action Targeting Directors and Officers for Data Breaches
David L. Barres; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
November 1, 2014, previously published on October 22, 2014
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 Wyndham Worldwide Corporation (“Wyndham”) for a series of data...

 

HTMLShellshock, the Perfect 10 Exploit: Easy to Use, Devastating Impact
Richard J. Johnson, Todd S. McClelland, Mauricio F. Paez; Jones Day;
Legal Alert/Article
October 7, 2014, previously published on September 2014
A new bug, dubbed "Shellshock," which affects software used in computer systems worldwide, came to light last week. According to the U.S. Department of Homeland Security's United States Computer Emergency Readiness Team ("US-CERT"), "[t]his vulnerability is classified by...

 


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