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Cyber Litigation Inc.
Case Number:
1:20-bk-12702
Court:
Nature of Suit:
Firms
- Akerman LLP
- Benesch
- Blank Rome
- Bryan Cave
- Buchalter APC
- Chipman Brown
- Connolly Gallagher
- Cooley LLP
- Debevoise & Plimpton
- DLA Piper
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Companies
Government Agencies
Sectors & Industries:
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October 29, 2024
NS8 Litigation Trustee Seeks $173M From Ex-Exec For Fraud
The co-founder and former CEO of NS8 Inc. should return nearly $23 million he was paid by the now-defunct cybersecurity firm and cover $150 million in damages for years of fraud that pushed it into bankruptcy, the litigation trustee for NS8's Chapter 11 estate has told the Delaware bankruptcy court.
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June 28, 2024
Ex-NS8 Exec Was 'Willing Participant' In Fraud, Trustee Says
The litigation trustee in defunct cybersecurity startup NS8's Chapter 11 said co-founder David Hansen must return over $5 million to the bankruptcy estate, alleging in a lawsuit in the Delaware bankruptcy court that Hansen knew about and helped cover up years of fraud by the firm's former CEO that cost investors more than $100 million.
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October 19, 2023
NS8 Shareholders Lose Early Win Bid In Ch. 11 Clawback Suit
Former shareholders of cybersecurity firm NS8 Inc. lost their early win bid in a Chapter 11 clawback suit brought by the company's plan trustee when a Delaware judge ruled Thursday they must return $2.2 million in proceeds from a fraudulent stock buyback.
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August 10, 2022
Endo Teeters On The Edge, Revlon Equity Committee Sought
Endo Pharmaceuticals said it is close to filing for bankruptcy over its opioid liability, Revlon shareholders want representation in its Chapter 11 case, and a North Carolina judge said sanctions worked on asbestos claimants in the Bestwall bankruptcy. This is the week in bankruptcy.
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August 05, 2022
Cybersecurity Firm's Ch. 11 Trustee Seeks Docs From Ex-CEO
The trustee appointed to administer the Chapter 11 plan of cybersecurity firm NS8 Inc. asked a Delaware bankruptcy judge late Thursday to order the company's former CEO to produce documents related to a fraud scheme through which he received $17.5 million for worthless stock.
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October 29, 2020
Del. Judge Calls Loan Terms For NS8 Ch. 11 'Troubling'
Newly bankrupt cyber fraud prevention venture NS8 Inc. won partial court approval Thursday for an up to $10 million debtor-in-possession loan, after a Delaware bankruptcy judge labeled the deal economics "troubling" and rejected a prepayment penalty outright.
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October 28, 2020
CEO Fraud Charges Drive Cybersecurity Co. NS8 Into Ch. 11
Las Vegas, Nevada-based cybersecurity and fraud prevention business NS8 Inc. sought Chapter 11 protection in Delaware early Wednesday, saying it fell victim to its own fraud when a top officer allegedly overstated revenues in records used in part to attract $123 million from investors.