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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MASI
Earnings
- 8/6/24 - Beat
MASI
Sec Filings
- 9/19/24 - Form DEFA14A
- 9/18/24 - Form DFAN14A
- 9/18/24 - Form DEFA14A
- MASI's page on the SEC website