Airline executive Farhad Azima settles with law firm Dechert over hacking claim [Yahoo! Finance Canada]
Masimo Corporation (MASI)
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Source: Yahoo! Finance Canada
By Raphael Satter WASHINGTON (Reuters) - Missouri-based airline executive Farhad Azima said on Thursday he had settled with the law firm Dechert and two of its former senior attorneys over allegations they took part in a scheme to hack his emails and use them in court to destroy his business. Lawyers' use of hackers to win cases has drawn increasing attention. A 2022 Reuters investigation showed how a group of mercenary hackers had targeted more than 1,000 different attorneys at more than 100 law firms around the world. In a statement, Azima said he was "extremely pleased" to announce that the New York lawsuit against Dechert and former Dechert lawyers Neil Gerrard and David Hughes had been settled. The terms of the settlement were not disclosed and a lawyer for Azima declined to say what they were. Representatives for Dechert, Gerrard, and Hughes did not immediately return messages seeking comment. A court filing in Manhattan court showed the case against the three parties
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News
- MASIMO INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Masimo Corporation - MASIPR Newswire
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- Smart Pulse Oximeters Market Size Projected to Reach USD 3.6 Billion by 2032, Growing at a CAGR of 7.3% - Research by SNS Insider [Yahoo! Finance]Yahoo! Finance
- Masimo Co. (NASDAQ: MASI) had its price target raised by analysts at Piper Sandler from $180.00 to $210.00. They now have an "overweight" rating on the stock.MarketBeat
- Masimo Co. (NASDAQ: MASI) had its price target raised by analysts at Wells Fargo & Company from $171.00 to $193.00. They now have an "overweight" rating on the stock.MarketBeat
MASI
Earnings
- 11/5/24 - Beat
MASI
Sec Filings
- 12/16/24 - Form 144
- 11/18/24 - Form 8-K
- 11/18/24 - Form 8-K
- MASI's page on the SEC website