News about a data mismanagement incident caught attention last month. | Chim/Shutterstock
A variety of articles drew our readers’ attention last month, including those covering a high-profile data loss, CRT lawsuit against OEMs, processor acquisitions and more.
The equipment retired from data centers largely consists of hard drives, memory, networking equipment and more. | Timofeev Vladmir/Shutterstock
Global e-scrap and ITAD processor Sims Lifecycle Services is rolling out a system focused on retiring data center equipment. The company framed the move as a way to increase reuse of components.
Redwood Materials recently raised $40 million to fund its efforts to develop a battery recycling process to supply the electric vehicle market. | Monkey Business Images/Shutterstock
A Nevada startup looking to build a major electric vehicle battery recycling operation is starting off by processing batteries from consumer electronics.
An arbitrator found that BlueOak breached and then wrongfully terminated its contract with Tetronics. | Brian A Jackson/Shutterstock
An international dispute arbitrator awarded over $8 million to a U.K. equipment company that provided a furnace to process printed circuit boards in Arkansas.
Multiple lawsuits accuse Morgan Stanley of negligence, breach of contract, violation of data security laws and more. | enzozo/Shutterstock
Morgan Stanley faces seven class action lawsuits related to an ITAD vendor’s alleged lapse in data security protocols, and the financial institution is considering legal action against the unnamed processor.
The court’s order awards the SEC $170,630 in disgorgement, or legally mandated repayment of ill-gotten gains, plus interest on that amount. | Jer123/Shutterstock
The U.S. Securities and Exchange Commission has prevailed in its case against a former e-scrap executive, after the defendant failed to respond to the lawsuit.
Clockwise from upper left: Joseph Harford of Reclamere moderated a July 23 webinar that featured Neil Peters-Michaud of Cascade Asset Management, Jade Lee of Supply-Chain Services and Brent Berry of Ingram Micro.
The pandemic has forced the ITAD industry to adapt to survive. Experts from three processors recently described that sudden evolution and what it means for the future of data destruction services.