Credit: henjon/Adobe Stock $5.9M Judgment Against IT Contractor Who Hijacked Internet Access, Demanded Ransom
"If you're not happy with a business relationship, the law doesn't allow you to hijack someone's internet to use as leverage or ransom to resolve a dispute," said Bradley Rice of Nagel Rice in Roseland.
September 15, 2022 at 03:58 PM
4 minute read
Technology Media and Telecom
A Bergen County, New Jersey, judge entered a $5.9 million default judgment in a business dispute involving an information technology contractor who cut off internet access to his client's home and demanded $40,000 to return it.
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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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