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Dechert pays hundreds of thousands of {dollars} to settle ‘hack-for-hire’ allegations stemming from ex-partner’s work
Dechert has agreed to pay $3.8 million plus prices to settle claims in the UK {that a} former London associate conspired to hack and launch the emails of a shopper’s opponent. (Picture from Shutterstock)
Dechert has agreed to pay $3.8 million plus prices to settle claims in the UK {that a} former London associate conspired to hack and launch the emails of a shopper’s opponent.
The prices haven’t but been decided, however they’re about $11 million, bringing the entire to almost $15 million, in keeping with Farhad Azima, the aviation govt who mentioned his e mail was hacked.
Law360 and Bloomberg Law have protection.
A spokesperson for Azima advised Law360 that he has additionally resolved his claims towards the previous associate, Neil Gerrard, as a part of the U.Okay. settlement. However the settlement doesn’t resolve Azima’s a RICO suit towards Dechert and Gerrard in the USA, in keeping with Bloomberg Regulation and Law360. A movement to dismiss that federal lawsuit is pending within the Southern District of New York.
Gerrard was world co-chair of Dechert’s white-collar and securities litigation observe earlier than his retirement in 2020.
Azima has alleged that his emails had been hacked and launched to reporters in a bid to silence his complaints about human rights abuses by Dechert shopper Ras Al Khaimah, one of many United Arab Emirates. Azima alleges that he was the sufferer of a “large hack-for-hire operation” orchestrated by Girardi, in keeping with Law360.
Dechert mentioned there was no admission of legal responsibility in reference to the U.Okay. settlement.
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