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.
Sims Lifecycle Services saw a 13.9% increase in cloud volumes recycled during the 2020 fiscal year. | Gorodenkoff/Shutterstock
Sims Lifecycle Services secured four additional cloud customers during the last fiscal year, helping to boost its data center decommissioning volume to 24,600 metric tons.
C2 Management moved into a new 100,000-square-foot processing facility in Berryville, Va. earlier this year. | Courtesy of Able Moving & Storage
When C2 Management received a PPP loan, the money couldn’t have come at a better time.
Microsoft is on track to increase its reuse of data center components by up to 90%. | Paolo Bona/Shutterstock
One of the world’s biggest cloud service providers has developed an asset disposition process that uses machine learning and other tools to handle more used material on-site.
A photo from consulting firm AECOM shows a view inside of 1655 Watkins Road in 2015, when Closed Loop still operated in the space.
Some of the world’s largest electronics manufacturers are now being sued over Closed Loop Refining and Recovery’s Ohio CRT stockpiles.
Harsco pushed further into the electronics recycling space over the past year with the acquisitions of Clean Earth and Stericycle. | vladdon/Shutterstock
Harsco Corporation over the past year made two acquisitions that brought the company into the electronics recycling space, according to its annual sustainability report.
Under Connecticut’s extended producer responsibility program, municipalities perform the bulk of e-scrap collections. | Suzanne-B/Shutterstock
Processing companies said multiple factors led them to raise recycling prices in Connecticut this year. Some cost pressures are unique to the state but others are being felt industry wide.
Since March 2019, 24 defendants have reached settlements, agreeing to help pay for cleanups. | Baimieng/Shutterstock
A federal judge has approved nine settlement agreements in the legal battle over CRT cleanup costs in Columbus, Ohio.