Last week’s massive credit card data breach was a frustrating reminder that despite everything, all the fights over privacy rights and legislative shouting, if somebody wants to steal an extraordinarily large number of personal consumer information for nefarious purposes, they can probably do it.
As a refresher, on March 30, Global Payments, a third-party payment processor, reported that it had suffered a data breach. Someone gained unauthorized access to company information, a.k.a. private data of people with accounts with major credit card companies such as MasterCard, Visa, American Express, and Discover Financial Services.
So, exactly how many people’s information might have been compromised? Let’s just say it’s more than six figures…
Every so often we hear a new story about a student getting suspended / expelled / paddled for some nonsense offense. These days, the disciplinary problems usually are are a result of some alleged electronic misconduct.
A debate usually follows, where people question the legality and general appropriateness of several issues: was the student punished for something he did at school or at home? Was he or she making some kind of threat, whether serious or sarcastic? How much should a school insert itself into its students’ private lives?
Whatever side of those questions you fall on, at least they are valid points to raise. But what about the student who is expelled for a 2:30 a.m. tweet from his home — a tweet that was simply a juvenile exploration on the word “f***”?
* Alexander Wang says that he wasn’t running a sweatshop and that the former employee making the allegations was actually mean to all the other indentured servants workers. [Fashionista]
* We’re well into the phase of the Trayvon Martin investigation where people are trying to blame the victim, but until they show me a guy who was killed by a pack of Skittles, I really don’t think we’ve learned anything new. [New York Daily News]
* You don’t think your Skype chats at work are private, do you? In fairness, who still thinks anything they do at work is private? If you want to keep your privacy, you best work in disguise. I mean, you don’t really think I’m a large black man who talks about race all the time, do you? [Not-So Private Parts / Forbes]
* Defending child pornographers. Somebody has to do it, and I’m so glad it’s not me. [Underdog]
After the jump, we’ve got some video footage of Lat dancing around like heathen as he throws fresh dirt on Dewey’s grave….
If this keeps up, having sex with a person wearing your school's mascot head will be called 'beastiality.'
In the wake of Dharun Ravi getting convicted of a hate crime for a college prank, we’ve got another situation where a college kid could get into a lot of trouble for acting like a college kid.
The Boston Globe reports that Jaryd Rudolph, a 19-year old football player at Boston College, has been charged with a violation of Massachusetts privacy law. His crime? He allegedly recorded a “sexual encounter” between a teammate and a female graduate student.
And by “recorded,” we don’t mean that he took steamy video of a couple in the act of love making. He’s being charged because he allegedly recorded and shared the woman’s “sexual noises.”
So, we’re now one step closer to putting everybody who acts like a teenager, especially teenagers, in jail…
* So you made some anti-war comments, touched Dick Cheney, got arrested, claimed your First Amendment rights were violated, and your case made it all the way to SCOTUS. Greatest accomplishment? Not getting shot by Cheney. [Huffington Post]
* Whoa, whoa, whoa. You mean to tell me that Wachtell’s name partner, Martin Lipton, the man who created the “poison pill,” supports staggered boards? Consider my mind blown. [DealBook / New York Times]
* M&A maven Dennis Block and real estate rock star Jeffrey Feil each donated $1M to their alma mater, Brooklyn Law School. See, you don’t need to go to a T14 school to make bank. [National Law Journal]
* Protip: not even Dov Charney’s world-renowned creepiness can save you from an arbitration agreement. A former employee’s $260M sex slave suit has been tossed out of court. [New York Daily News]
If there is one golden rule in the technological age, it would likely be that you don’t share your electronic passwords with anyone. Tech companies routinely tell their customers that they will never ask for their users’ security information. Common knowledge says you shouldn’t share passwords with friends, lovers, or even family members. Because when you share that information, you might end up getting arrested for selling contraband to Iran, and your iPhone might wind up at the bottom of a canyon.
So what do you do when a prospective employer wants to login to Facebook — as you — during a job interview? Weep and gnash your teeth? Yeah, that’s what I thought…
The fate of Tyler Clementi’s roommate is about to be decided. Dharun Ravi has been charged with a number of counts of invasion of privacy and bias intimidation because of the events surrounding Clementi’s suicide. The verdict is being read on television right now.
Ravi has been found guilty of invasion of privacy.
But not guilty of the top counts of bias intimidation. Wait, no — he’s being found GUILTY of different theories of bias intimidation. Ravi is getting slammed.
There are 15 counts. It seems like Ravi is being found guilty of all the invasion of privacy counts, and guilty of invading Clementi’s privacy in order to intimidate him due Clementi’s sexual orientation.
They’re still reading counts. Ravi has also been found guilty of witness tampering and hindering prosecution.
Man, Ravi should have taken the plea deal. Now he’s going to jail (additional UPDATES after the jump)….
* Who will play starring roles in the Obamacare arguments before SCOTUS? A bunch of older white guys. Good thing this isn’t televised, because the ratings would probably suck. [Legal Times]
* The judiciary is on the cusp of a “financial crisis,” and some trials may be put on hold. That, or they’re just going to get rid of people. Which do you think it’ll be? [Thomson Reuters News & Insight]
* When rankings like these are available, who cares about U.S. News? Here’s a list of the law schools you should go to if you want to actually make bank as a lawyer. [Forbes]
* Covington & Burling is the latest Biglaw firm to sign up for an office in Seoul. Memo to partners: this is not the spring “bonus” your associates care about. [Capital Business Blog / Washington Post]
* The jury in the Dharun Ravi privacy trial is set to begin its deliberations this morning. Oh, to be a fly on the wall in that room — or, more on point, a webcam. [Statehouse Bureau]
* Thomas Puccio, a former Biglaw partner known for his notorious clientele, RIP. [New York Times]
* John Edwards’s heart condition has improved, so his campaign finance trial will begin in April. Your heart condition would be more manageable, too, if you knew your sex tapes were going to be destroyed. [Bloomberg]
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: