Envestnet Faces Potential Sanctions Over Data Mismanagement in Trade Secrets Dispute with FinApps
In a recent development from the Delaware federal court, a special master has put forward recommendations for sanctions against Envestnet, a prominent player in the financial technology sector. These recommendations arise from Envestnet’s failure to properly preserve critical data tied to key log management software, which is central to litigation alleging the misappropriation of trade…