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  2. Private Securities Litigation Reform Act - Wikipedia

    en.wikipedia.org/wiki/Private_Securities...

    The Securities Exchange Act of 1934 (commonly known as the "Exchange Act" or the "1934 Act") gives shareholders the right to bring a private action in federal court to recover damages the shareholder sustained as a result of securities fraud. The majority of securities fraud claims are brought pursuant to Section 10 (b) of the Exchange Act ...

  3. Securities information processor - Wikipedia

    en.wikipedia.org/wiki/Securities_Information...

    A securities information processor (SIP) is a part of the infrastructure of public market data providers in the United States that process, consolidate, and disseminate quotes and trade data from different US securities exchanges and market centers. [ 1] An important purpose of the SIPs for US securities is to publish the prevailing National ...

  4. Class action - Wikipedia

    en.wikipedia.org/wiki/Class_action

    Description. In a typical class action, a plaintiff sues a defendant or a number of defendants [further explanation needed] on behalf of a group, or class, of absent parties. [ 2] This differs from a traditional lawsuit, where one party sues another party, and all of the parties are present in court. Although standards differ between states and ...

  5. Due diligence - Wikipedia

    en.wikipedia.org/wiki/Due_diligence

    t. e. Due diligence is the investigation or exercise of care that a reasonable business or person is normally expected to take before entering into an agreement or contract with another party or an act with a certain standard of care . Due diligence can be a legal obligation, but the term more commonly applies to voluntary investigations.

  6. As the SEC's new data breach disclosure rules take effect ...

    techcrunch.com/2023/12/18/new-sec-data-breach...

    In addition to the SEC’s new data breach disclosure rules, the regulator has also added a new line item called Item 106 to the Regulation S-K that will be included on a company’s annual Form ...

  7. Frivolous litigation - Wikipedia

    en.wikipedia.org/wiki/Frivolous_litigation

    Frivolous litigation is the use of legal processes with apparent disregard for the merit of one's own arguments. It includes presenting an argument with reason to know that it would certainly fail, or acting without a basic level of diligence in researching the relevant law and facts. That an argument was lost does not imply the argument was ...

  8. Millions of patient scans and health records spilling online ...

    techcrunch.com/2023/12/06/medical-scans-health...

    Thousands of exposed servers are spilling the medical records and personal health information of millions of patients due to security weaknesses in a decades-old industry standard designed for ...

  9. Information security - Wikipedia

    en.wikipedia.org/wiki/Information_security

    Information security, sometimes shortened to infosec, [ 1] is the practice of protecting information by mitigating information risks. It is part of information risk management. [ 2][ 3] It typically involves preventing or reducing the probability of unauthorized or inappropriate access to data or the unlawful use, disclosure, disruption ...