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Morgan Stanley faces lawsuits from ITAD data mishap

Published: August 6, 2020
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Open lock against a green binary code screen.

Morgan Stanley says it has not detected unauthorized use of personal information related to the recent data security incidents. | Chim/Shutterstock

Financial institution Morgan Stanley recently told customers an ITAD vendor’s mistakes may have left personal information susceptible to misuse. Multiple clients have filed suit against the investment firm.

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Feds confirm they will stop buying used computers

Published: August 6, 2020
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Exterior of the U.S. General Services Administration building in Washington, D.C.

The U.S. GSA said canceling used or refurbished computer purchases supports the ongoing federal IT modernization initiative. | MarkGomez/Shutterstock

Despite hearing objections from refurbished equipment dealers, the U.S. General Services Administration will finalize its decision to halt government purchases of used and refurbished computers.

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Abandoned Closed Loop material seems destined for disposal

Published: July 2, 2020
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Abandoned CRT material inside the former Closed Loop site.

An overview of the abandoned material at the former Closed Loop facility on Fairwood Avenue in Columbus, Ohio. | Courtesy of DEC Enviro

Consultants estimate that recycling 30 million pounds of CRT glass at an Ohio warehouse would add $1.7 million to a $5 million cleanup bill, so they’re proposing to landfill the glass instead.

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Northeast firm grows by focusing solely on data management

Published: July 30, 2020
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Glenn Laga of Guardian Data Destruction.

Glenn Laga, president and CEO of Guardian Data Destruction. | Screenshot of Guardian Data Destruction video.

Guardian Data Destruction, which offers on-site data destruction services but no actual processing, is expanding and looking at opportunities to fill emerging data security needs. The company’s leader recently spoke about current trends in asset management.

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Global ITAD company joins e-scrap ‘offset’ program

Published: July 30, 2020
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Pile of used smartphones.

Ingram Micro’s ITAD division has cut a check to fund the collection and recycling of an estimated 12,000 phones from African countries. | Anton Starikov/Shutterstock

Ingram Micro has partnered with Dutch company Closing the Loop to recycle scrap phones from Africa, the first step in what’s expected to become a deeper collaboration.

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Former CRT firm leaders and bank face fraud accusations

Published: July 23, 2020
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Gavel on a desk.

A former Wisconsin state senator has filed a lawsuit against former e-scrap executives. | dream79/Shutterstock

Shuttered e-scrap company 5R Processors has been at the center of a stockpiling saga. Now, a former state senator in Wisconsin says executives from the company duped him into backing the firm in 2013.

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Groups weigh in on federal recycled-product procurement

Published: July 23, 2020
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Closeup of printer cartridges inside an HP printer.

In comments to the EPA, NASA recommended that federal procurement guidelines point purchasers toward recycled-content ink cartridges. | David Tonelson/Shutterstock

As the U.S. EPA updates its lists of recycled-content products purchased by federal agencies, recycling stakeholders have chimed in about electronics.

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