LinkedIn Hit with Class Action Lawsuit
After a great run, a successful IPO and a series of progressively profitable quarters, LinkedIn has been hit with a bit of bad news in the last few weeks. It started with the fact that 6 million of their users' passwords had been leaked to a Russian site. Then there were the phishers. Now the company has been hit with a $5 million class action lawsuit attempting to collect remuneration for the "lack of security measures" that LinkedIn implemented for its passwords.
After a great run, a successful IPO and a series of progressively profitable quarters, LinkedIn has been hit with a bit of bad news in the last few weeks. It started with the fact that 6 million of their users’ passwords had been leaked to a Russian site. Then there were the phishers. Now the company has been hit with a $5 million class action lawsuit attempting to collect remuneration for the “lack of security measures” that LinkedIn implemented for its passwords.
The lawsuit was uploaded by jeff_roberts881 over at Scribd, and shows that it is being filed by KATIE SZPYRKA and “on behalf of all others similarly situated” against the “LINKEDIN CORPORATION”.
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