Block Faces Class Action Suit After 2021 Breach
Payments giant Block is being taken to court by former customers who claim its negligence led to an insider stealing their personal information last year.
A December 2021 breach at the firm’s subsidiary Cash App enabled a former employee at the firm to steal the personal information of over eight million customers.
Former Apple Engineer Pleads Guilty to Stealing Self-Driving Car Trade Secrets
The case dates back to 2018 when Zhang was indicted for stealing a confidential 25-page document detailing circuit board designs from Apple’s nascent autonomous vehicle program.
In April 2018 Zhang tendered his resignation to Apple, citing concerns about his ailing mother in China and the need to be closer to her. According to an affidavit that Apple filed, the company learned that Zhang went to work for XPeng Motors, a startup at the time involved in electric vehicles and autonomous vehicle technology. In the affidavit, Apple alleged that Zhang’s network activity in the three days prior to his resignation increased notably compared to his previous years of employment. The affidavit contended that the majority of the increased activity consisted of Zhang downloading information from project databases that contained trade secrets.
Ex-Hillandale Farms Accountant Admits to $6.8 Million Embezzlement Scheme
The owner of Katie’s Kandy admitted this week in federal court that he stole nearly $7 million from Greensburg-based Hillandale Farms, a national egg distributor.
Jonathan Weston, 58, of Canonsburg, pleaded guilty Tuesday to fraud conspiracy, money-laundering conspiracy and tax fraud and became a federal felon.
Weston, a former accountant at Hillandale Farms, engaged in the scheme with his late secretary and bookkeeper — known in court records only as VP — to steal $6.8 million from the company and then launder it through various businesses they controlled to buy fancy cars, real estate, dinners, trips, clothing and the like.
Zazzle Sued for Hundreds of Millions of Dollars for Stealing Intellectual Property, Says Bartko Law Firm
One of the world’s leading graphic designers filed suit today against internet design and printing giant, Zazzle, Inc., for allegedly cheating her business out of its intellectual property, which allowed Zazzle to earn hundreds of millions of dollars in ill-gotten profits.
According to the complaint, Zazzle instructed its senior network engineer to pose as an individual designer and obtain a single-user license for the Blooming Elegant Trio of fonts, but in reality the fonts were obtained for Zazzle’s illegal use. Zazzle then loaded the software onto its servers and made the fonts available to tens of millions of Zazzle designers and customers without permission or compensation to the designer.
Former Belk CEO Sued by Company for Recruiting Employees for GameStop
The lawsuit was filed on Monday in the U.S. District Court for the Western District of North Carolina. Nir Patel, a former Belk CEO, GameStop, and Tim May, a former senior member of Belk who now works for GameStop, are named as defendants in the lawsuit.
Additionally, Belk officials claim May and Patel conspired to send confidential employee compensation information to GameStop. These actions violated a non-disclosure agreement that May agreed to.
May is accused by Belk of violating state and federal trade secret acts. Patel is accused by them of breaching his contract. And GameStop is accused by Belk of tortious interference and unfair trade practices.
Albuquerque Woman Accused of Embezzling $175K from Employer
A criminal complaint filed earlier this month in Santa Fe County Magistrate Court shows 61-year-old Lisa Martinez is facing a second-degree felony charge of embezzlement.
According to the complaint, Martinez is accused of depositing the money in her bank account. She allegedly tried to disguise the payments by documenting that they were going to employees who no longer worked for the company.