{"id":276489,"date":"2021-06-16T21:58:59","date_gmt":"2021-06-16T18:58:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/google-must-face-shareholder-lawsuit-claiming-it-hid-security-risks\/"},"modified":"2021-06-16T21:58:59","modified_gmt":"2021-06-16T18:58:59","slug":"google-must-face-shareholder-lawsuit-claiming-it-hid-security-risks","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/google-must-face-shareholder-lawsuit-claiming-it-hid-security-risks\/","title":{"rendered":"#Google must face shareholder lawsuit claiming it hid security risks"},"content":{"rendered":"

“#Google must face shareholder lawsuit claiming it hid security risks<\/strong>”<\/p>\n

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A federal app<\/a>eals court on Wednesday revived a lawsuit in which shareholders of Google parent Alphabet accused Google of misleading them by concealing security vulnerabilities, including in its Google+ social<\/a> network.<\/p>\n

The 9th US Circuit Court of Appeals in San Francisco said the lawsuit raised a \u201cstrong inference\u201d that Alphabet and its then-Chief Executive Larry Page knew about the bugs and an internal memo on security issues, and Alphabet intentionally withheld the information from its quarterly investor reports.<\/p>\n

Alphabet\u2019s stock price fell after an October 2018 Wall Street Journal article discussed the memo<\/a> and said Google, fearing regulatory scrutiny and reputational harm, concealed how private data for hundreds of thousands of Google+ users had been exposed.<\/p>\n

Google later admitted that the data had been exposed, and drew criticism from Congress for concealing security shortfalls.<\/p>\n

\n
\"Larry
A federal court said a lawsuit brought by shareholders raised a \u201cstrong inference\u201d that Alphabet and its then-Chief Executive Larry Page (shown) knew about an internal memo on security issues.<\/figcaption>
AFP via Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n

Neither Alphabet nor its lawyers immediately responded to requests for comment. Lawyers for shareholders including the state of Rhode Island did not immediately respond to similar requests.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Google must face shareholder lawsuit claiming it hid security risks” A federal appeals court on Wednesday revived a lawsuit in which shareholders of Google parent Alphabet accused Google of misleading them by concealing security vulnerabilities, including in its Google+ social network. The 9th US Circuit Court of Appeals in San Francisco said the lawsuit raised…<\/p>\n","protected":false},"author":1,"featured_media":276490,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/06\/court-revives-google-lawsuit.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[109557,71767,72458,71380,26293,70446],"class_list":["post-276489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-6-16-21","tag-alphabet-inc","tag-data-breach","tag-digital-privacy","tag-google","tag-lawsuits"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/276489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=276489"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/276489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/276490"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=276489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=276489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=276489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}