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Vandana Malik
May 20, 2020
by Vandana Malik

Consuelo Marshall Rejects Bid by AT&T to Dismiss Lawsuit

AT&T
Back in 2014, FTC imposed several allegations on AT&T Mobility and a lawsuit was filed against the firm in December 2019. To settle this lawsuit, the firm has to pay $60 million. The firm was seeking for the dismissal of the lawsuit which alleged the firm for its failure to prevent the theft. Consuelo Marshall judge of the U.S. District has rejected the bid by AT&T to dismiss the lawsuit.

The firm was alleged for failing to prevent the crypto theft of worth $1.8 million. The judge has acknowledged the claims of negligence by Seth Shapiro and has allowed the lawsuit to continue further.

AT&T facing lawsuit since 2019

The lawsuit was filed against AT&T in December 2019 by Shapiro who is a media tech-consultant and alleged the firm for lack of security which has led towards crypto thefts. He has said that the company’s employees have deliberately used their positions and gained unauthorized access to Shapiro’s account.

According to the court order, Shapiro has met with the first SIM-swap attack back in May 2018. At that time, the firm has assured Shapiro that such swapping will not happen again without his authorization. Shapiro has given time till May 29 to file a complaint followed by the court order.

Michael Terpin seeking compensation for SIM-swap attack

There is not only one lawsuit as AT&T has been facing a lawsuit from Michael Terpin who is the huge crypto investor. It has been reported that he is seeking the compensation of more than $200 million for a SIM-swap attack which happened back in January 2018. In the previous month, Terpin filed a new lawsuit against the accused criminal of the attack who has now turned 18. During the time, when the attack took place, the attacker was only 15 years old. Now Terpin is seeking around $71 million from the defendant through the lawsuit.

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    Consuelo Marshall Rejects Bid by AT&T to Dismiss Lawsuit
    Vandana Malik
    Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

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