Apple alleges its damages total $30 million Canadian, deriving from lost profits from gray-markets sales and injury to Apple’s brand image and trademarks. | IRENE COLL INGLES/Shutterstock
Apple claims GEEP Canada employees hid Apple devices out of view of an e-scrap facility’s cameras, mislabeled devices as “copper bearings” for outbound shipping, and then received kickbacks for illegally reselling them.
Kevin Shibilski is the latest former leader of 5R Processors to face criminal charges. | Tridsanu Thopet/Shutterstock
In July, a former 5R Processors executive alleged he was the victim of a fraud scheme perpetrated by other 5R leaders and a local bank. Now, that former CEO has been indicted on federal criminal charges.
Electronics recycling company CompuPoint USA will collect, ship and recycle CRT material from abandoned Closed Loop sites as part of a court settlement. | Oleksandr_Delyk/Shutterstock
An e-scrap company will take back and recycle the millions of pounds of CRT materials that it originally shipped to Closed Loop Refining and Recovery, under a recently disclosed settlement agreement.
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.
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.
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.
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.
