Aviation entrepreneur Farhad Azima settled long-running hacking allegations against Dechert and two of its former partners, Neil Gerrard and David Hughes, in New York federal court. The claims, initially brought in the Southern District of New York, alleged that the firm and the former partners engaged in a scheme to steal Azima’s data on behalf of a client to tarnish his reputation and businesses.
This resolution in New York follows a similar settlement in the U.K., finalized in February, that reportedly involved at least £3 million in damages. For more details, please refer to the article here.