A software company that manages donor data for non-profit organizations settled SEC charges for (i) misleading their customers with inaccurate disclosures regarding the extent of a ransomware data breach and (ii) failing to maintain adequate supervisory disclosure controls that led to the categorization of such a data breach as a "hypothetical" on the quarterly reports submitted to the SEC.
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A company that collects and sells alternative market data and its former CEO settled SEC charges for (i) materially misrepresenting how the company obtained its data, and (ii) engaging in deceptive customer acquisition and retention practices.
Facebook agreed to pay a $5 billion fine to the FTC and the DOJ to settle claims that the company engaged in deceptive business practices by failing to give notice to customers before sharing information with third parties.