Cognizant alleges Infosys swiped its trade secrets

August 27, 2024 at 11:56AM Cognizant’s subsidiary, TriZetto, filed a lawsuit against Infosys, accusing it of stealing trade secrets and engaging in anticompetitive behavior. TriZetto claims that Infosys unlawfully accessed and misused its confidential information, breaching seven Non-Disclosure and Access Agreements. It alleges that Infosys used this information to develop competing software and tools, leading … Read more

That cyber-heist of 2.9B personal records? There’s a class-action lawsuit looming for that

August 5, 2024 at 02:05PM A Florida data broker, National Public Data, is accused of negligently handling billions of personal records, leading to a cyberattack and subsequent sale of the stolen data on the dark web. California resident Christopher Hofmann filed a potential class-action lawsuit, alleging his and others’ sensitive information was compromised. The lawsuit … Read more

Palo Alto investor sues over 28% share tumble

February 28, 2024 at 12:08PM Palo Alto Networks faces a class action lawsuit over allegedly misleading investors about its platform tactics and low billings forecast, resulting in a 28.4% share price drop. The lawsuit claims the company’s statements were false, its high billings growth unsustainable, and that its platformization initiatives were not as successful as … Read more