Credit: Sundry Photography/Adobe Stock Snowflake Faces Avalanche of Federal Lawsuits Over Massive Data Breach
The cloud storage company "should have taken extra precautions here given the sensitivity of the data that it hosted" and "the massive number of breaches that have been occurring in the last decade," said James Pizzirusso, an attorney for plaintiffs in cases filed against Snowflake,.
September 10, 2024 at 06:49 PM
3 minute read
Technology Media and Telecom
The original version of this story was published on The Recorder
Cloud storage platform Snowflake fielded a torrent of class actions across multiple states in August over a massive data breach that impacted more than 165 organizations and their customers.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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