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.
While gold’s value is up 30% this year, following on the 20% improvement last year, a slight market correction has occurred in past weeks. | Andriy Malakhovskyy/Shutterstock
The value of the base and precious metals recovered from obsolete electronics has been at near record highs in recent months. However, market conditions appear to be softening.