Morgan Stanley May Face Wave of Suits After Admitting It Withheld E-Mail Evidence

As predicted in an earlier post on The Datakos Blawg titled “What is Happening to Morgan Stanley Could Happen to You,” Morgan Stanley is beginning to feel the ripple effect of its problems with email backup tape maintenance and controls.  The Daily Business Review reports “[a]ttorneys say they are gearing up to file hundreds of lawsuits [...]

Hundreds of Key Oracle Records Allegedly Withheld From Plaintiffs

In recently unsealed documents, a federal insider trading and shareholder fraud suit alleges that hundreds of e-mails and financial records, and even audio interviews with Oracle Corp. CEO Larry Ellison, vanished or were improperly withheld from plaintiffs.
Lawyers for Oracle have strenuously denied the accusations, contained in thousands of pages of documents unsealed at the request [...]

Two Are Sentenced to 5 Years in Pornographic Spam Case

PHOENIX, Oct. 13 (AP) – Two men who sent millions of unsolicited pornographic e-mail messages have been sentenced to more than five years in federal prison as part of a prosecution under a federal antispam law, officials from the Department of Justice said Friday.
The men, Jeffrey A. Kilbride of Venice, Calif., and James R. Schaffer [...]

Banks claim credit card breach affected 94 million accounts

By Ross Kerber The Boston Globe
More than 94 million accounts were affected in the theft of personal data from TJX, a banking group has alleged in court filings, more than twice as many accounts as the retailer had said were affected in what was already the largest data breach in history.
The data breach affected about [...]