Investi Stratix
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
No Result
View All Result
Investi Stratix
No Result
View All Result

Airline executive Farhad Azima settles with law firm Dechert over hacking claim

by
September 19, 2024
in Stock
0
Airline executive Farhad Azima settles with law firm Dechert over hacking claim

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 had been dismissed.

The settlement marks another victory Azima, who in April was able to get British judgments against him worth more than $4 million thrown out after a court ruled that Dechert’s client, the Gulf emirate of Ras Al Khaimah, had covered up the use of hackers to win the case.

In February, Dechert announced it was paying Azima 3 million pounds ($3.8 million) plus unspecified costs to settle a separate British legal action. The firm said it did so “without any admission of liability.”

Last year Dechert settled with another hacking victim, the journalist Jay Solomon, who had accused the firm of using hackers to steal his messages.

In his statement, Azima said he is still suing other parties alleged to have participated in the hacking, including Israeli private eye Amit Forlit, who is currently fighting extradition to the United States on hacking charges.

Forlit’s lawyer did not immediately return a message seeking comment.

This post appeared first on investing.com
Previous Post

Local Teamsters unions in swing states rush to endorse Harris

Next Post

Analysis-Global investors brace for turmoil as big Fed cut sows confusion

Next Post
Analysis-Global investors brace for turmoil as big Fed cut sows confusion

Analysis-Global investors brace for turmoil as big Fed cut sows confusion

Subscribe to InvestiStratix.com

    Popular News

    US Cardinal Robert Prevost elected the new Pope, has taken the name Pope Leo XIV

    US Cardinal Robert Prevost elected the new Pope, has taken the name Pope Leo XIV

    May 9, 2025
    Trump may slash China tariffs to 50% as US-China trade talks heat up: report

    Trump may slash China tariffs to 50% as US-China trade talks heat up: report

    May 9, 2025
    How billionaire Caltagirone could influence Italy’s banking M&A wave

    How billionaire Caltagirone could influence Italy’s banking M&A wave

    May 9, 2025
    Mexico signals room for rate cuts as growth cools and inflation risks ease

    Mexico signals room for rate cuts as growth cools and inflation risks ease

    May 8, 2025
    US Fed holds interest rates steady, resists Trump’s pressure amid rising economic uncertainty

    US Fed holds interest rates steady, resists Trump’s pressure amid rising economic uncertainty

    May 8, 2025

    Trending News

    US Cardinal Robert Prevost elected the new Pope, has taken the name Pope Leo XIV

    US Cardinal Robert Prevost elected the new Pope, has taken the name Pope Leo XIV

    May 9, 2025
    Trump may slash China tariffs to 50% as US-China trade talks heat up: report

    Trump may slash China tariffs to 50% as US-China trade talks heat up: report

    May 9, 2025

    Popular News

    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      May 9, 2025
    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      May 8, 2025

    About Us

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investistratix.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Economy
    • Forex
    • Stock
    • Editor’s Pick

    Copyright © 2025 investistratix.com | All Rights Reserved