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January 4th, 2023
Crypto Hack Lawsuits Rise as Theft Victims Try Untested Claims
Privacy & Data Security Partner Rick Borden is quoted in the article, “Crypto Hack Lawsuits Rise as Theft Victims Try Untested Claims” published by Bloomberg Law. The article discusses Bloomberg’s analysis of lawsuits against cryptocurrency exchanges, digital wallet providers, and mobile service companies following a high number cyberattacks. In regards to lawsuits targeting companies blocked by mandatory arbitration provisions in plaintiffs’ user agreements; Rick is quoted saying, “Arbitration provisions, which require dispute resolution outside of the judicial system, aren’t necessarily consumer friendly. A losing plaintiff could, for example, end up having to pay the winner’s attorneys’ fees.”
Read the full article here.
Other Quoted
Greenwashing in the Crosshairs: Regulators Around the Globe Take Aim
AdWeek quotes Jeffrey A. Greenbaum on the FTC's updated Green Guides guidance, which discourages U.S. brands from misleading consumers through false advertising. Read more.
May 31 2023
How GCs Can Handle Internal Pressure To Hire A Certain Firm
Law360 quotes Tyler Maulsby on potential ethics issues when general counsels are pressured to steer work to specific law firms. Read more.
May 16 2023
The Number Of US State Privacy Laws Is Close To Hitting Double-Digits
AdExchanger quotes Daniel M. Goldberg on Frankfurt Kurnit's 2023 Tech Law Summit and on the rise of state privacy laws. Read more.
May 12 2023