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SEC Director of Corporation Finance Speaks to Cybersecurity Disclosures
Erik Gerding, Director, Division of Corporation Finance, released a statement on the preferred methods to disclose certain cybersecurity incidents. Mr. Gerding noted “The cybersecurity rules that the Commission adopted on July 26, 2023 require public companies to disclose material cybersecurity incidents under Item 1.05 of Form 8-K….By: Stinson – Corporate & Securities Law Blog
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Dohman, Akerlund & Eddy Notifies Consumers of February 2024 Data Breach
On May 3, 2024, Dohman, Akerlund & Eddy, LLC (“DA&E”) filed a notice of data breach with the Attorney General of Montana after discovering that an unauthorized party was able to access portions of the company’s computer network. In this notice, DA&E explains that the incident resulted in an unauthorized party being able to access…
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Victoria Eye Center Notifies Over 80k of Recent Data Breach
On May 13, 2024, Victoria Eye Center / Victoria Surgery Center / Victoria Vision Center (“VEC”) filed a notice of data breach with the Attorney General of Maine after discovering that files on the company’s computer network were encrypted by a malicious actor. In this notice, VEC explains that the incident resulted in an unauthorized…
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Court Vacates $15m Verdict against Joint Compound Manufacturer; Upholds Evidentiary Rulings
Court: Supreme Court of New York, Appellate Division, First Department – In November 2023, a jury awarded plaintiff $15m for past pain and suffering and found defendant Kaiser Gypsum Company 70-percent liable. Kaiser subsequently filed post-trial motions, which were denied. The instant appeal followed….By: Goldberg Segalla
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Talc Defendant’s Motion for Summary Judgment Based on Texas Law Granted on Appeal
Court: Supreme Court of New York, Appellate Division, First Department – In September 2023, the trial court denied talc defendant Colgate-Palmolive Co.’s motion for summary judgment to dismiss the complaint against it. On appeal, the First Department unanimously reversed and granted Colgate’s motion….By: Goldberg Segalla
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FDA Clarifies Distinction Between Device Remanufacturing and Servicing in Final Guidance
While the US Food and Drug Administration’s recently issued Final Guidance on Remanufacturing of Medical Devices provides clarity and attempts to reign in certain activities, the agency continues to defer enforcement for servicing performed by independent third parties….By: Morgan Lewis
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Spain, Norway and Ireland Recognize Palestinian State, Further Isolating Israel
The moves, while largely symbolic, were welcomed by Palestinians and denounced by Prime Minister Benjamin Netanyahu, who called them “a prize for terrorism.”
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The War Is Shifting Europe’s Politics Away From Israel
The recognition of Palestinian statehood by Spain, Ireland and Norway highlights the changing center of gravity, but there also are staunchly pro-Israel nations in Europe.
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President Macron Arrives in New Caledonia, French Territory on Brink of Civil War
New Caledonia, a French territory in the Pacific, is on the brink of civil war as pro-independence activists protest a law that would expand voting rights.
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Iran’s Supreme Leader Leads Funeral Prayers for President
State news media in Iran reported that the political leader of Hamas was in the capital for the funeral. Many foreign dignitaries attended.
