Maren J Messing
October 03, 2017 | New York Law Journal
First Department Sustains Claims Against Fund Administrator After Hackers Grab MillionsCraig Newman and Maren J. Messing write: A legal feud is currently playing out in New York state court between the world's biggest hedge fund administrator and a former client, and it all started with an email from an address containing a single extra letter. At the center of the lawsuit is the question of responsibility for an email scam that resulted in hackers stealing millions in client funds, and it is a case study in the mounting problem of cyber wire fraud and allocating fault when funds go missing.
By Craig A. Newman and Maren J. Messing
9 minute read
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