State of Rhode Island v. Alphabet, Inc. (9th Cir. 2021)
Plaintiff stated a viable 10b-5 action against Google's holding company based on its 10-Q which disclosed generic cybersecurity risks as a threat to the company, but didn't disclose that Google had discovered three glitches in its Google+ programming that had exposing user personal data to an unknown group of program developers over a period of three years. Also, Google misleadingly… Read More