Monthly Archives: May 2018

HoweyCoins:  The SEC’s Newest Attempt at Educating the Public on ICOs.

Perhaps in the spirit of the saying “if you can’t beat them, join them,” the Securities and Exchange Commission recently launched an initial coin offering website of its own – HoweyCoins.com.  No, the SEC has not suddenly decided to join the coin offering craze.  But the Office of Investor Education and Advocacy has launched this new mock site to illustrate the dangers of such offerings to retail investors. … More

Schrems’ Privacy Organization Files First Complaints Based on GDPR

On Friday, May 25, the day when GDPR became effective, noyb.eu (None of Your Business), the non-profit privacy organization recently set up by Max Schrems, filed the first complaints based on GDPR.

Max Schrems is the Austrian privacy lawyer who had complained about the transfer of his data to the United States by Facebook:  he argued that, in light of the Snowden revelations,… More

On to Trial—Summary Judgment Denied to Facebook in Privacy Litigation

The litigation over Facebook’s Tag Suggestions feature in the United State District Court for the Northern District of California continues, with the court this week denying both sides’ bids for summary judgment in a ten-page order. The case, formerly captioned Patel v. Facebook and now going by the name of In re Facebook Biometric Information Privacy Litigation, is on course to proceed to trial in July.… More