Hagens Berman Blog

Whistleblower News: WhatsApp, Ghosn, Insys

by HB Whistleblower Legal Team

05/15/2019

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WhatsApp was breached: Here's what users need to do

A cybersecurity breach in Facebook's messaging app WhatsApp left users unknowingly vulnerable to malicious spyware installed on their smartphones, WhatsApp admitted Monday.

The security vulnerability affects both iPhone and Android devices, and WhatsApp is urging users to update their apps as soon as possible.

WhatsApp, which is used by over 1.5 billion people, confirmed the vulnerability in a statement, but didn't name the perpetrator. read more »

Tokyo prosecutors detail Ghosn's alleged cash transfer in revised indictment: Kyodo

Tokyo prosecutors have filed a request to revise the content of their indictment of Carlos Ghosn for aggravated breach of trust, providing further details on alleged cash transfers involving the former Nissan boss and a Saudi friend, Kyodo news reported.

Ghosn has been charged on several counts of financial misconduct and of allegedly enriching himself at Nissan Motor Co Ltd’s expense. He has denied all charges against him. read more »

Drugmaker Insys shares tank after saying opioid lawsuits may force it into bankruptcy

Insys Therapeutics shares tanked Monday morning after the company said it may have to file for bankruptcy because it can’t afford legal costs related to a Department of Justice investigation into the company’s sales tactics of one of its popular opioids.

Insys said it had $87.6 million in cash and cash equivalents at the end of March, which falls short of the $150 million tentative settlement the company made with the Department of Justice to settle claims that the company bribed doctors to unnecessarily prescribe its fentanyl-based drug Subsys, which is meant to treat cancer patients. read more »